TX GREEN-E REC V25 BACK HALF - NODAL EXCHANGE                        Code-006NG4
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas Green-e RECs                              OPEN INTEREST:        8,006
COMMITMENTS
   1,786    4,085        0    5,524    3,270    7,310    7,355      696      651

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         25)
      25        0        0        0       25       25       25        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    22.3     51.0      0.0     69.0     40.8     91.3     91.9      8.7      8.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       5        9        0       11        9       16       18                  
 
 
TX REC CRS V26 BACK HALF - NODAL EXCHANGE                            Code-006NHT
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        9,079
COMMITMENTS
     190    5,994        0    8,686    2,866    8,876    8,860      203      219

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        -50)
       0       25        0      -50      -75      -50      -50        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.1     66.0      0.0     95.7     31.6     97.8     97.6      2.2      2.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       3        9        0       14        8       17       17                  
 
 
TX REC CRS V27 BACK HALF - NODAL EXCHANGE                            Code-006NHU
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,348
COMMITMENTS
     698    3,931        0    5,377    2,140    6,075    6,071      273      277

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         25)
       0       25        0       25        0       25       25        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    11.0     61.9      0.0     84.7     33.7     95.7     95.6      4.3      4.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       7        5        0       14        7       21       12                  
 
 
TX REC CRS V28 BACK HALF - NODAL EXCHANGE                            Code-006NHV
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        5,196
COMMITMENTS
   1,364    2,665        0    3,604    2,288    4,968    4,953      228      243

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        -72)
     -47       28        0      -25     -100      -72      -72        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    26.3     51.3      0.0     69.4     44.0     95.6     95.3      4.4      4.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       31)
       7        4        0       14        7       21       11                  
 
 
TX REC CRS V29 BACK HALF - NODAL EXCHANGE                            Code-006NHW
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        4,820
COMMITMENTS
     837    2,622        0    3,835    2,075    4,672    4,697      148      123

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         43)
      -7       68        0       50      -25       43       43        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    17.4     54.4      0.0     79.6     43.0     96.9     97.4      3.1      2.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       7        4        0        8        9       15       13                  
 
 
TX REC CRS V30 BACK HALF - NODAL EXCHANGE                            Code-006NHX
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(1,000 MWh representing 1,000 Texas RECs             OPEN INTEREST:        3,247
COMMITMENTS
   1,207    1,135        0    1,905    1,985    3,112    3,120      135      127

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    37.2     35.0      0.0     58.7     61.1     95.8     96.1      4.2      3.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       6        3        0        8        9       14       12                  
 
 
TX REC CRS V26 FRONT HALF - NODAL EXCHANGE                           Code-006NHY
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        8,118
COMMITMENTS
     408    4,352        0    7,549    3,622    7,957    7,974      161      144

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
     -39        0        0       25        0      -14        0       14        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.0     53.6      0.0     93.0     44.6     98.0     98.2      2.0      1.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       4        6        0       14        9       18       15                  
 
 
TX REC CRS V27 FRONT HALF - NODAL EXCHANGE                           Code-006NHZ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,798
COMMITMENTS
     720    4,040        0    5,992    2,674    6,712    6,714       86       84

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         50)
     -25        0        0       75       50       50       50        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    10.6     59.4      0.0     88.1     39.3     98.7     98.8      1.3      1.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       4        6        0       15        9       19       15                  
 
 
TX REC CRS V28 FRONT HALF - NODAL EXCHANGE                           Code-006NJ1
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,303
COMMITMENTS
     492    2,856        0    5,565    3,240    6,057    6,096      246      207

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        -50)
     -50       25        0        0      -75      -50      -50        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.8     45.3      0.0     88.3     51.4     96.1     96.7      3.9      3.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       4        4        0       12        7       16       11                  
 
 
TX REC CRS V29 FRONT HALF - NODAL EXCHANGE                           Code-006NJ2
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,598
COMMITMENTS
   1,507    2,308        0    4,955    4,160    6,462    6,468      136      130

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        -45)
     -45       48        0        0      -70      -45      -22        0      -23

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    22.8     35.0      0.0     75.1     63.0     97.9     98.0      2.1      2.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       6        3        0        9       10       15       13                  
 
 
TX REC CRS V30 FRONT HALF - NODAL EXCHANGE                           Code-006NJ3
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        3,458
COMMITMENTS
   1,038    1,097        0    2,280    2,225    3,318    3,322      140      136

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    30.0     31.7      0.0     65.9     64.3     96.0     96.1      4.0      3.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       6        4        0        9        8       15       12                  
 
 
NEW JERSEY RECs CLASS 2 V2026 - NODAL EXCHANGE                       Code-006NLD
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
100 MWh representing 100 NJ Class 2 RECs             OPEN INTEREST:        9,930
COMMITMENTS
   3,770        0        0    6,145    9,930    9,915    9,930       15        0

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    38.0      0.0      0.0     61.9    100.0     99.8    100.0      0.2      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       5        0        0       11        4       16        4                  
 
 
PENNSYLVANIA AEC TIER 2-V2026 - NODAL EXCHANGE                       Code-006NLV
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(100 MWh = 100 Tier 2  AECs)                         OPEN INTEREST:       27,545
COMMITMENTS
   9,936   11,642        0   17,609   15,903   27,545   27,545        0        0

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    36.1     42.3      0.0     63.9     57.7    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       7        4        0       12        9       19       13                  
 
 
PENNSYLVANIA AEC TIER 2-V2027 - NODAL EXCHANGE                       Code-006NMT
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(100 MWh = 100 Tier 2  AECs)                         OPEN INTEREST:       18,569
COMMITMENTS
   4,979    4,675        0   13,590   13,894   18,569   18,569        0        0

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    26.8     25.2      0.0     73.2     74.8    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       3        3        0       13        6       16        9                  
 
 
ISONE.H.INTERNAL_HUB_mo_on_dap - NODAL EXCHANGE                      Code-064AAA
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(Contracts of 400 MWh)                               OPEN INTEREST:      100,240
COMMITMENTS
  12,101    3,690    2,180   77,174   85,568   91,455   91,438    8,785    8,802

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         20)
     -60      150       60        4     -206        4        4       16       16

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.1      3.7      2.2     77.0     85.4     91.2     91.2      8.8      8.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       2        4        3       23       25       27       30                  
 
 
ISONE.H.INTERNAL_HB_mo_off_dap - NODAL EXCHANGE                      Code-064AAB
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(Contracts of 400 MWh)                               OPEN INTEREST:       88,617
COMMITMENTS
  11,099    3,288    1,034   68,663   76,447   80,796   80,769    7,821    7,848

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        170)
     -60        0       60      170      110      170      170        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.5      3.7      1.2     77.5     86.3     91.2     91.1      8.8      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       2        3        2       23       25       26       29                  
 
 
MISO.INDIANA.HUB_month_on_dap - NODAL EXCHANGE                       Code-064BFI
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,459
COMMITMENTS
       0    3,464      660   21,286   16,960   21,946   21,084    2,513    3,375

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0      -50        0      -50        0      -50      -50       50       50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0     14.2      2.7     87.0     69.3     89.7     86.2     10.3     13.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       0        2        1       17       17       18       19                  
 
 
MISO.INDIANA.HUB_month_off_dap - NODAL EXCHANGE                      Code-064BFJ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,034
COMMITMENTS
       0    3,375      720   20,158   15,901   20,878   19,996    2,156    3,038

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0     14.7      3.1     87.5     69.0     90.6     86.8      9.4     13.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       0        2        2       16       15       18       17                  
 
 
NYISO.HUD VL_month_on_dap - NODAL EXCHANGE                           Code-064CXO
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       41,502
COMMITMENTS
     495   12,432    1,519   33,807   22,134   35,821   36,085    5,681    5,417

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        496)
       0      300        0     -135     -435     -135     -135      631      631

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     1.2     30.0      3.7     81.5     53.3     86.3     86.9     13.7     13.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       1        5        2       27       21       30       26                  
 
 
NYISO.HUD VL_month_off_dap - NODAL EXCHANGE                          Code-064CXP
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       37,744
COMMITMENTS
     495   11,684      787   32,198   20,913   33,480   33,384    4,264    4,360

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        424)
       0      350        0      -43     -393      -43      -43      467      467

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     1.3     31.0      2.1     85.3     55.4     88.7     88.4     11.3     11.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       1        5        2       25       21       28       26                  
 
 
NYISO.N.Y.C._month_on_dap - NODAL EXCHANGE                           Code-064CZS
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,621
COMMITMENTS
   1,160        0        0   20,319   21,636   21,479   21,636    2,142    1,985

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        324)
       0        0        0      324      324      324      324        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     4.9      0.0      0.0     86.0     91.6     90.9     91.6      9.1      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       3        0        0       15       19       18       19                  
 
 
NYISO.N.Y.C._month_off_dap - NODAL EXCHANGE                          Code-064CZT
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       22,127
COMMITMENTS
     850        0       70   19,240   20,092   20,160   20,162    1,967    1,965

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        324)
       0        0        0      324      324      324      324        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     3.8      0.0      0.3     87.0     90.8     91.1     91.1      8.9      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       3        0        1       14       17       17       18                  
 
 
NYISO.WEST_month_on_dap - NODAL EXCHANGE                             Code-064DEU
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       35,717
COMMITMENTS
   4,062    4,030    3,150   26,648   27,341   33,860   34,521    1,857    1,196

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        120)
       0        0        0      120      120      120      120        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    11.4     11.3      8.8     74.6     76.5     94.8     96.7      5.2      3.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       1        3        2       19       19       21       23                  
 
 
NYISO.WEST_month_off_dap - NODAL EXCHANGE                            Code-064DEV
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       37,147
COMMITMENTS
   5,110    4,020    1,650   29,069   30,454   35,829   36,124    1,318    1,023

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        120)
       0        0        0      120      120      120      120        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    13.8     10.8      4.4     78.3     82.0     96.5     97.2      3.5      2.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       1        3        2       19       18       21       22                  
 
 
PJM.AEP_month_on_dap - NODAL EXCHANGE                                Code-064DLQ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       35,254
COMMITMENTS
   2,460    4,161      300   31,786   30,393   34,546   34,854      708      400

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        600)
       0      600        0      600        0      600      600        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.0     11.8      0.9     90.2     86.2     98.0     98.9      2.0      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       17        6       19        7                  
 
 
PJM.AEP_month_off_dap - NODAL EXCHANGE                               Code-064DLR
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       35,224
COMMITMENTS
   2,460    4,161      300   31,816   30,363   34,576   34,824      648      400

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        600)
       0      600        0      600        0      600      600        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.0     11.8      0.9     90.3     86.2     98.2     98.9      1.8      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       17        6       19        7                  
 
 
PJM.AEP-DAYTON HUB_mo_on_dap - NODAL EXCHANGE                        Code-064DLW
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      114,042
COMMITMENTS
   6,146    9,295    4,915   85,767   82,069   96,828   96,279   17,214   17,763

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        600)
     600        0        0        0      600      600      600        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.4      8.2      4.3     75.2     72.0     84.9     84.4     15.1     15.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        3        3       18       23       22       29                  
 
 
PJM.AEP-DAYTON HUB_mo_off_dap - NODAL EXCHANGE                       Code-064DLX
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      109,676
COMMITMENTS
   6,783    6,620    4,683   81,787   81,466   93,253   92,769   16,423   16,907

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        600)
     600      400        0        0      200      600      600        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     6.2      6.0      4.3     74.6     74.3     85.0     84.6     15.0     15.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        3        3       18       24       22       30                  
 
 
PJM.APS_month_on_dap - NODAL EXCHANGE                                Code-064DMY
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       12,837
COMMITMENTS
   1,970    1,340      110    9,357   10,847   11,437   12,297    1,400      540

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.3     10.4      0.9     72.9     84.5     89.1     95.8     10.9      4.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       2        1        1       16        7       19        8                  
 
 
PJM.APS_month_off_dap - NODAL EXCHANGE                               Code-064DMZ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       12,774
COMMITMENTS
   1,970    1,340      110    9,354   10,844   11,434   12,294    1,340      480

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.4     10.5      0.9     73.2     84.9     89.5     96.2     10.5      3.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       2        1        1       16        7       19        8                  
 
 
PJM.BGE_month_on_dap - NODAL EXCHANGE                                Code-064DPQ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       29,553
COMMITMENTS
   2,895    2,300    1,058   24,163   24,815   28,116   28,173    1,437    1,380

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        100)
       0       70      -50       90       30       40       50       60       50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     9.8      7.8      3.6     81.8     84.0     95.1     95.3      4.9      4.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        2        1       17        9       20       11                  
 
 
PJM.BGE_month_off_dap - NODAL EXCHANGE                               Code-064DPR
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       29,690
COMMITMENTS
   2,895    2,300    1,058   24,045   24,750   27,998   28,108    1,692    1,582

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        100)
       0       70      -50      100       30       50       50       50       50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     9.8      7.7      3.6     81.0     83.4     94.3     94.7      5.7      5.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        2        1       17        9       20       11                  
 
 
PJM.DOM_month_on_dap - NODAL EXCHANGE                                Code-064DZS
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       14,365
COMMITMENTS
   1,595    2,640      260   11,440   10,450   13,295   13,350    1,070    1,015

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         20)
       0       20        0        0        0        0       20       20        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    11.1     18.4      1.8     79.6     72.7     92.6     92.9      7.4      7.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       2        2        1       16       12       19       14                  
 
 
PJM.DOM_month_off_dap - NODAL EXCHANGE                               Code-064DZT
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       14,795
COMMITMENTS
   1,595    2,655      245   11,810   10,815   13,650   13,715    1,145    1,080

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         20)
       0       20        0        0        0        0       20       20        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    10.8     17.9      1.7     79.8     73.1     92.3     92.7      7.7      7.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       2        2        1       17       12       20       14                  
 
 
PJM.JCPL_month_on_dap - NODAL EXCHANGE                               Code-064EJI
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       39,364
COMMITMENTS
   5,265    5,225      637   30,765   31,800   36,667   37,662    2,697    1,702

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        540)
       0        0        0      540      540      540      540        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    13.4     13.3      1.6     78.2     80.8     93.1     95.7      6.9      4.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       4        1        1       19       16       23       18                  
 
 
PJM.JCPL_month_off_dap - NODAL EXCHANGE                              Code-064EJJ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       37,785
COMMITMENTS
   4,948    5,225      652   29,795   30,465   35,395   36,342    2,390    1,443

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        540)
       0        0        0      540      540      540      540        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    13.1     13.8      1.7     78.9     80.6     93.7     96.2      6.3      3.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       4        1        1       19       16       23       18                  
 
 
PJM.METED_month_on_dap - NODAL EXCHANGE                              Code-064EOW
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,825
COMMITMENTS
     590    3,395      765   20,812   18,786   22,167   22,946    1,658      879

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        220)
       0        0        0      220      220      220      220        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.5     14.2      3.2     87.4     78.8     93.0     96.3      7.0      3.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       1        4        2       18       12       21       16                  
 
 
PJM.METED_month_off_dap - NODAL EXCHANGE                             Code-064EOX
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,099
COMMITMENTS
     590    3,325      835   21,027   19,061   22,452   23,221    1,647      878

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        210)
       0        0        0      210      210      210      210        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.4     13.8      3.5     87.3     79.1     93.2     96.4      6.8      3.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       1        4        2       18       13       21       17                  
 
 
PJM.N ILLINOIS HUB_mo_on_dap - NODAL EXCHANGE                        Code-064ERM
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       69,070
COMMITMENTS
   1,080      145        0   62,266   63,220   63,346   63,365    5,724    5,705

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        375)
       0        0        0      375      375      375      375        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     1.6      0.2      0.0     90.1     91.5     91.7     91.7      8.3      8.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       1        2        0       17       21       18       23                  
 
 
PJM.N ILLINOIS HUB_mo_off_dap - NODAL EXCHANGE                       Code-064ERN
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       65,407
COMMITMENTS
     570      145        0   59,023   59,467   59,593   59,612    5,814    5,795

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        375)
       0        0        0      375      375      375      375        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.9      0.2      0.0     90.2     90.9     91.1     91.1      8.9      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       1        2        0       17       20       18       22                  
 
 
PJM.PECO_month_on_dap - NODAL EXCHANGE                               Code-064EUY
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      148,917
COMMITMENTS
  50,725    1,670       55   91,829  141,176  142,609  142,901    6,308    6,016

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        250)
     200        0        0      185      385      385      385     -135     -135

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    34.1      1.1      0.0     61.7     94.8     95.8     96.0      4.2      4.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       3        4        1       24       17       28       21                  
 
 
PJM.PECO_month_off_dap - NODAL EXCHANGE                              Code-064EUZ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      151,566
COMMITMENTS
  56,875    1,405      223   88,332  144,094  145,430  145,722    6,136    5,844

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        325)
     200        0        0      260      460      460      460     -135     -135

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    37.5      0.9      0.1     58.3     95.1     96.0     96.1      4.0      3.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       3        4        3       24       17       29       22                  
 
 
PJM.PENELEC_month_on_dap - NODAL EXCHANGE                            Code-064EVA
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,827
COMMITMENTS
  14,107        0      300    7,445   22,467   21,852   22,767    1,975    1,060

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    59.2      0.0      1.3     31.2     94.3     91.7     95.6      8.3      4.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       3        0        1       16       15       19       16                  
 
 
PJM.PENELEC_month_off_dap - NODAL EXCHANGE                           Code-064EVB
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,802
COMMITMENTS
  14,107        0      300    7,450   22,437   21,857   22,737    1,945    1,065

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    59.3      0.0      1.3     31.3     94.3     91.8     95.5      8.2      4.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       3        0        1       16       14       19       15                  
 
 
PJM.PEPCO_month_on_dap - NODAL EXCHANGE                              Code-064EVG
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,000
COMMITMENTS
   1,830    7,620    1,625   18,565   13,335   22,020   22,580    1,980    1,420

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        560)
      20      830      -20      500     -250      500      560       60        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.6     31.8      6.8     77.4     55.6     91.8     94.1      8.3      5.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        2       19       15       22       18                  
 
 
PJM.PEPCO_month_off_dap - NODAL EXCHANGE                             Code-064EVH
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,980
COMMITMENTS
   1,830    7,600    1,645   18,530   13,295   22,005   22,540    1,975    1,440

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        560)
      20      830      -20      500     -250      500      560       60        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.6     31.7      6.9     77.3     55.4     91.8     94.0      8.2      6.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        2       19       15       22       18                  
 
 
PJM.PPL_month_on_dap - NODAL EXCHANGE                                Code-064EWU
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       63,424
COMMITMENTS
       0    1,370    1,945   59,224   58,676   61,169   61,991    2,255    1,433

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        120)
     -40     -190      240      -80       70      120      120        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0      2.2      3.1     93.4     92.5     96.4     97.7      3.6      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       0        4        2       25       19       27       23                  
 
 
PJM.PPL_month_off_dap - NODAL EXCHANGE                               Code-064EWV
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       64,669
COMMITMENTS
       0      613    2,360   59,965   60,197   62,325   63,170    2,344    1,499

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        180)
     -40     -190      240      -20      130      180      180        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0      0.9      3.6     92.7     93.1     96.4     97.7      3.6      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       0        4        2       24       19       26       23                  
 
 
PJM.PSEG_month_on_dap - NODAL EXCHANGE                               Code-064EXE
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       82,726
COMMITMENTS
   6,635    4,025    2,740   63,265   65,953   72,640   72,718   10,086   10,008

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        480)
       0       20      -10      530      510      520      520      -40      -40

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.0      4.9      3.3     76.5     79.7     87.8     87.9     12.2     12.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       5        2        4       24       21       30       26                  
 
 
PJM.PSEG_month_off_dap - NODAL EXCHANGE                              Code-064EXF
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       80,127
COMMITMENTS
   6,230    3,430    2,860   60,723   63,601   69,813   69,891   10,314   10,236

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        405)
       0        0        0      440      440      440      440      -35      -35

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.8      4.3      3.6     75.8     79.4     87.1     87.2     12.9     12.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        3        4       24       21       30       26                  
 
 
PJM.WESTERN HUB_month_on_dap - NODAL EXCHANGE                        Code-064FHK
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      266,224
COMMITMENTS
   9,457   55,397    6,379  201,169  154,986  217,005  216,762   49,219   49,462

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         65)
      50     -510     -245      522    1,082      327      327     -262     -262

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     3.6     20.8      2.4     75.6     58.2     81.5     81.4     18.5     18.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
       6        5        7       31       36       40       45                  
 
 
PJM.WESTERN HUB_month_off_dap - NODAL EXCHANGE                       Code-064FHL
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      266,109
COMMITMENTS
   7,552   65,577    5,327  205,997  147,664  218,876  218,568   47,233   47,541

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        235)
      20     -530     -190      617    1,167      447      447     -212     -212

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.8     24.6      2.0     77.4     55.5     82.3     82.1     17.7     17.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       6        5        7       29       35       38       44                  
 
 
MISO.INDIANA.HUB_month_on_rtp - NODAL EXCHANGE                       Code-064FJY
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       34,540
COMMITMENTS
   1,550    7,485      390   30,389   24,509   32,329   32,384    2,211    2,156

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     4.5     21.7      1.1     88.0     71.0     93.6     93.8      6.4      6.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        2        1       17       14       19       16                  
 
 
MISO.INDIANA.HUB_month_off_rtp - NODAL EXCHANGE                      Code-064FJZ
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       32,921
COMMITMENTS
   1,550    7,360      115   30,167   24,267   31,832   31,742    1,089    1,179

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     4.7     22.4      0.3     91.6     73.7     96.7     96.4      3.3      3.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       18       16       20       17                  
 
 
PJM.AEP-DAYTON HUB_mo_on_rtp - NODAL EXCHANGE                        Code-064FKA
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       91,937
COMMITMENTS
  29,872    2,615      963   51,111   78,496   81,946   82,074    9,991    9,863

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        249)
     600        0        0     -401      199      199      199       50       50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    32.5      2.8      1.0     55.6     85.4     89.1     89.3     10.9     10.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
       6        4        4       27       27       34       34                  
 
 
PJM.AEP-DAYTON HUB_mo_off_rtp - NODAL EXCHANGE                       Code-064FKB
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       92,338
COMMITMENTS
  25,710    2,290    1,760   54,767   78,182   82,237   82,232   10,101   10,106

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
     695     -305      305   -1,050      -50      -50      -50       50       50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    27.8      2.5      1.9     59.3     84.7     89.1     89.1     10.9     10.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       38)
       6        4        5       24       25       31       33                  
 
 
PJM.N ILLINOIS HUB_mo_on_rtp - NODAL EXCHANGE                        Code-064FKC
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       75,284
COMMITMENTS
   1,985    1,220      840   64,663   65,538   67,488   67,598    7,796    7,686

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:       -170)
       0        0        0     -170     -170     -170     -170        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.6      1.6      1.1     85.9     87.1     89.6     89.8     10.4     10.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       2        2        3       20       21       24       24                  
 
 
PJM.N ILLINOIS HUB_mo_off_rtp - NODAL EXCHANGE                       Code-064FKD
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       71,082
COMMITMENTS
   3,605    1,095    1,010   58,656   61,466   63,271   63,571    7,811    7,511

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:        605)
       0        0        0      605      605      605      605        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.1      1.5      1.4     82.5     86.5     89.0     89.4     11.0     10.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       3        2        3       20       19       25       22                  
 
 
PJM.WESTERN HUB_month_on_rtp - NODAL EXCHANGE                        Code-064FKE
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      241,246
COMMITMENTS
  25,257   29,766    2,951  185,479  180,850  213,687  213,567   27,559   27,679

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:         60)
      75      375      -75      -65     -365      -65      -65      125      125

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    10.5     12.3      1.2     76.9     75.0     88.6     88.5     11.4     11.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       9        4        4       30       34       41       40                  
 
 
PJM.WESTERN HUB_month_off_rtp - NODAL EXCHANGE                       Code-064FKF
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      208,746
COMMITMENTS
  29,906   25,529    2,528  149,525  153,964  181,959  182,021   26,787   26,725

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:       -671)
    -900      250      105      166     -984     -629     -629      -42      -42

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    14.3     12.2      1.2     71.6     73.8     87.2     87.2     12.8     12.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       47)
       7        4        5       31       31       41       37                  
 
 
ERCOT.HB_NORTH_month_on_rtp - NODAL EXCHANGE                         Code-064FOK
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       82,434
COMMITMENTS
   2,025    3,200       75   68,578   67,408   70,678   70,683   11,756   11,751

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.5      3.9      0.1     83.2     81.8     85.7     85.7     14.3     14.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       1        3        2       19       20       21       24                  
 
 
ERCOT.HB_NORTH_month_off_rtp - NODAL EXCHANGE                        Code-064FOL
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       81,393
COMMITMENTS
      25    2,400        0   73,209   70,659   73,234   73,059    8,159    8,334

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     0.0      2.9      0.0     89.9     86.8     90.0     89.8     10.0     10.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        0       16       18       17       19                  
 
 
ERCOT.HB_NORTH_month_7x8_rtp - NODAL EXCHANGE                        Code-064GBD
FUTURES ONLY POSITIONS AS OF 12/30/25                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       31,375
COMMITMENTS
   8,950        0        0   20,465   29,595   29,415   29,595    1,960    1,780

CHANGES FROM 12/23/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    28.5      0.0      0.0     65.2     94.3     93.8     94.3      6.2      5.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        0        0       16       14       18       14                  



Updated January 05, 2026