Nodal Exchange achieves multiple quarterly records in power and environmental trading

    Nodal Exchange announced today that it set new quarterly trading records in both power and environmental futures.

    Nodal achieved a quarterly trading record in power futures with volume of 559 million MWh in Q1 2021 (notional value of $15.5 billion per side).  Nodal Exchange achieved quarterly trading of 579 million MWh in Q1 of 2020, but this included 74 million MWh related to the successful migration of power futures from NASDAQ Futures (NFX) in February 2020.  Nodal Exchange also achieved record power futures open interest with 1,041 million MWh per side (equivalent to the electricity consumption of 98 million homes for a year in the USA) at the end of the quarter representing 50.7% market share which is also a new record.

    In addition, North American environmental contracts on Nodal also achieved records in Q1 in both traded volume and  open interest. Environmental contract volumes on Nodal in Q1 totaled 58,065 contracts, up 54% from 37,698 contracts a year earlier. Open interest in the product group ended the quarter at 123,200 contracts, up 89% in Q1 2020. 

    Please find attached the press release that we issued today announcing these accomplishments.