Exchange of the Year: Nodal Exchange
When it comes to commodity exchanges, Nodal Exchange is not a household name. But within US power markets, it has gained notable recognition in its brief history as a company.
Trading electricity has always been a tricky proposition compared to the trading of other energy commodities, as the impossibility of large-scale power storage and the physical limitations around transmission mean there is greater volatility and more locational basis risk. Nodal wins our Exchange of the Year award for its
More on Awards
Partnership approach pays off for TD Securities
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TD scoops top slots in the 2026 Commodity Rankings
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Market-maker/liquidity provider of the year: DV Commodities
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Deal of the year: ENGIE and Return’s virtual FPA
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Risk management is key in this unpredictable environment
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Precious metals house of the year: RBC Capital Markets
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Commodity broker of the year: Marex
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Environmental products house of the year: Marex
Energy Risk Awards 2026: Marex sees opportunity for environmental commodities in the latest energy crisis
