Washington, DC, January 8, 2025
Nodal Exchange announced today that it achieved record trading volumes in 2024 in its power, natural gas, and environmental markets.
Nodal achieved a record 2.98 billion MWh power futures volume traded in 2024, representing 9% growth over 2023. In December, Nodal Exchange traded volume was 182 million MWh, up 15% from December 2023. Nodal continues to be the market leader in North American monthly power futures having 56% of the open interest with 1.40 billion MWh at the end of 2024. The open interest represents over $137 billion of notional value (both sides).
Please see the full release attached.
PRESS CONTACT:
Nodal
Nicole Ricard
Nodal Exchange Public Relations
ricard@nodalexchange.com
ABOUT NODAL
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts and the world’s largest set of environmental contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC. www.nodalexchange.com