Nodal Exchange today announced growth in power, environmental and natural gas trading. In power, Nodal set a calendar month record for September 2025 with 301 million MWh of traded power futures volume, up 18% from the prior year. Nodal also achieved a Q3 trading record with 725 million MWh of traded power futures volume, up 9% from the prior year. Nodal continues to be the market leader in North American power futures having the majority share of the open interest with 1.504 billion MWh at the end of September.
Environmental futures and options on Nodal Exchange posted volume in September 2025 of 59,054 lots, and in Q3 of 161,684 lots. Open interest ended the month and quarter at 410,998 lots, up 3% from a year earlier.
Nodal also achieved 33% YoY growth for natural gas futures volumes for the calendar month of September.
“I am pleased to see strong performance across all of our markets and record volumes in power for both the calendar month and the third quarter,” said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. “We are proud to serve these markets and appreciate the ongoing support of this community.”
