Nodal Exchange achieves February trading records as power market grows 30% and environmental market grows 133%

    WASHINGTON, DC – March 7, 2024

    Nodal Exchange today announced it achieved a calendar month trading record for February 2024 with 379.1 million MWh of traded power futures volume in the month, up 30% from the prior year. This represents Nodal Exchange’s highest volume month ever, surpassing Nodal’s prior monthly record volume of 325.2 million MWh of traded power futures volume in February 2022.  Nodal continues to be the market leader in North American power futures having the majority of the open interest with 1.35 billion MWh at the end of February.

    Nodal also posted a calendar month trading record for February in its environmental markets with 50,085 lots traded, up 133% from 21,538 lots a year earlier. Environmental open interest at the end of February was 311,650 lots, up 37% from 228,188 a year earlier.


    Please see the full release attached.


    Nicole Ricard
    Nodal Exchange Public Relations
    P: 703-962-9816


    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