Nodal Exchange today announced strong performance in power, natural gas, and environmental markets. Nodal continues to be the market leader in North American power futures with 56% share of open interest at the end of May with 1.530 billion MWh open interest, up 2% from a year earlier, representing $169 billion of notional value based on both sides. Traded power futures volume ended the month of May at 247 million MWh.
Environmental futures and options on Nodal Exchange posted volume of 51,718 lots in May. Open interest ended the month at 483,340 lots, up 17% from a year earlier. Carbon futures and options posted volume of 12,650 lots, with open interest of 63,545 lots. Renewable energy certificates (RECs) on Nodal posted volume of 39,017 lots, with open interest of 402,118 lots. Nodal, in collaboration with IncubEx, offers the largest suite of environmental contracts in the world, with more than 120 futures and options products listed on the exchange.
Open interest in Nodal’s natural gas markets reached 80,800,000 MMBtus as of the end of May 2026, a 397% increase from a year ago.
“We are proud to serve the North American energy markets and are pleased to see growth across Nodal’s power, environmental and natural gas markets,” said Paul Cusenza, Chairman and CEO of Nodal Exchange. “We appreciate the ongoing support of our trading community.”
