TX GREEN-E REC V25 BACK HALF - NODAL EXCHANGE                        Code-006NG4
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas Green-e RECs                              OPEN INTEREST:        8,126
COMMITMENTS
   1,828    4,376       78    5,519    3,002    7,426    7,456      700      670

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:       -105)
      -3      -97       -3     -100       -6     -106     -106        1        1

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    22.5     53.9      1.0     67.9     36.9     91.4     91.8      8.6      8.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       5        8        1       10        9       16       17                  
 
 
RGGI V2025 - NODAL EXCHANGE                                          Code-006NGL
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1,000 RGGI CO2 Allowances                            OPEN INTEREST:       17,293
COMMITMENTS
     400      906       97   16,072   15,565   16,568   16,567      725      726

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        -11)
       0      -13       -1        4        1        3      -12      -14        1

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     2.3      5.2      0.6     92.9     90.0     95.8     95.8      4.2      4.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       2        6        2        6       13       10       19                  
 
 
CALIF CARBON ALLOWANCE V2025 - NODAL EXCHANGE                        Code-006NGR
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(1,000 California carbon allowances)                 OPEN INTEREST:       12,557
COMMITMENTS
   1,932    3,758    4,040    6,244    4,435   12,216   12,233      342      325

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:       -362)
  -3,002     -585      187    2,452       56     -364     -343        2      -19

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    15.4     29.9     32.2     49.7     35.3     97.3     97.4      2.7      2.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       31)
       6       11       11        9       12       22       27                  
 
 
TX REC CRS V26 BACK HALF - NODAL EXCHANGE                            Code-006NHT
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        9,415
COMMITMENTS
     317    5,780      306    8,578    3,110    9,201    9,196      214      219

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         -4)
      -2       50       -2        0      -52       -4       -4        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     3.4     61.4      3.2     91.1     33.0     97.7     97.7      2.3      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       4        8        4       14        9       21       18                  
 
 
TX REC CRS V27 BACK HALF - NODAL EXCHANGE                            Code-006NHU
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,835
COMMITMENTS
     991    4,226       52    5,528    2,293    6,570    6,570      265      265

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        -44)
       3       72        1      -48      -97      -44      -24        0      -20

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    14.5     61.8      0.8     80.9     33.5     96.1     96.1      3.9      3.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       7        7        1       14        8       22       15                  
 
 
TX REC CRS V28 BACK HALF - NODAL EXCHANGE                            Code-006NHV
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,029
COMMITMENTS
   1,865    2,814      284    3,652    2,688    5,801    5,786      228      243

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        -29)
    -164      -23       11      134       -7      -19      -19      -10      -10

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    30.9     46.7      4.7     60.6     44.6     96.2     96.0      3.8      4.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       8        4        3       13        9       22       15                  
 
 
TX REC CRS V29 BACK HALF - NODAL EXCHANGE                            Code-006NHW
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        5,820
COMMITMENTS
   1,501    2,627      377    3,694    2,593    5,572    5,597      248      223

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         66)
      30      -23       25       62      114      116      116      -50      -50

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    25.8     45.1      6.5     63.5     44.6     95.7     96.2      4.3      3.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       30)
      10        3        2        8       10       19       14                  
 
 
TX REC CRS V30 BACK HALF - NODAL EXCHANGE                            Code-006NHX
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| 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:        3,745
COMMITMENTS
   1,622    1,135       57    1,934    2,424    3,613    3,616      132      129

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         -1)
      -1        0        0        0       -1       -1       -1        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    43.3     30.3      1.5     51.6     64.7     96.5     96.6      3.5      3.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       6        3        1        9        9       15       13                  
 
 
TX REC CRS V26 FRONT HALF - NODAL EXCHANGE                           Code-006NHY
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        8,003
COMMITMENTS
     447    4,239        0    7,409    3,622    7,856    7,861      147      142

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     5.6     53.0      0.0     92.6     45.3     98.2     98.2      1.8      1.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       5        7        0       14        9       19       16                  
 
 
TX REC CRS V27 FRONT HALF - NODAL EXCHANGE                           Code-006NHZ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,639
COMMITMENTS
     752    3,874        0    5,801    2,682    6,553    6,556       86       83

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        -51)
     -50        0        0        0      -51      -51      -51        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    11.3     58.3      0.0     87.4     40.4     98.7     98.7      1.3      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       5        5        0       15        9       20       14                  
 
 
TX REC CRS V28 FRONT HALF - NODAL EXCHANGE                           Code-006NJ1
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,482
COMMITMENTS
     632    2,777       54    5,560    3,444    6,246    6,275      236      207

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         -2)
     -15        2       -2       15       -2       -2       -2        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     9.8     42.8      0.8     85.8     53.1     96.4     96.8      3.6      3.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       4        4        1       12        9       17       13                  
 
 
TX REC CRS V29 FRONT HALF - NODAL EXCHANGE                           Code-006NJ2
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        6,712
COMMITMENTS
   1,521    2,288        0    5,055    4,302    6,576    6,590      136      122

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         26)
       0        3        0       26       23       26       26        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    22.7     34.1      0.0     75.3     64.1     98.0     98.2      2.0      1.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       7        3        0        9       10       16       13                  
 
 
TX REC CRS V30 FRONT HALF - NODAL EXCHANGE                           Code-006NJ3
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
1000 Texas RECs                                      OPEN INTEREST:        3,518
COMMITMENTS
   1,075      997        0    2,303    2,385    3,378    3,382      140      136

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    30.6     28.3      0.0     65.5     67.8     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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| 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 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| 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   10,392        0   17,609   17,153   27,545   27,545        0        0

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        550)
       0        0        0      550      550      550      550        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    36.1     37.7      0.0     63.9     62.3    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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| 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    4,725        0   13,590   13,844   18,569   18,569        0        0

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        150)
      50     -250        0      100      400      150      150        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    26.8     25.4      0.0     73.2     74.6    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       3        3        0       13        6       16        9                  
 
 
PENNSYLVANIA AEC TIER 2-V2028 - NODAL EXCHANGE                       Code-006NMX
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(100 MWh = 100 Tier 2  AECs)                         OPEN INTEREST:       14,730
COMMITMENTS
   3,825    1,500        0   10,895   13,230   14,720   14,730       10        0

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
      50     -100        0      -50      100        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    26.0     10.2      0.0     74.0     89.8     99.9    100.0      0.1      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       5        1        0       10        4       15        5                  
 
 
ISONE.H.INTERNAL_HUB_mo_on_dap - NODAL EXCHANGE                      Code-064AAA
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 400 MWh)                               OPEN INTEREST:      103,871
COMMITMENTS
  11,061    3,240    2,500   76,931   84,735   90,492   90,475   13,379   13,396

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        145)
    -520     -285       65   -4,125   -4,357   -4,580   -4,577    4,725    4,722

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    10.6      3.1      2.4     74.1     81.6     87.1     87.1     12.9     12.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       2        4        3       21       24       25       29                  
 
 
ISONE.H.INTERNAL_HB_mo_off_dap - NODAL EXCHANGE                      Code-064AAB
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 400 MWh)                               OPEN INTEREST:       92,572
COMMITMENTS
  10,277    3,036    1,430   68,570   75,784   80,277   80,250   12,295   12,322

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        115)
    -420     -400       55   -3,857   -3,874   -4,222   -4,219    4,337    4,334

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    11.1      3.3      1.5     74.1     81.9     86.7     86.7     13.3     13.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       32)
       2        3        3       21       25       25       29                  
 
 
MISO.INDIANA.HUB_month_on_dap - NODAL EXCHANGE                       Code-064BFI
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       25,254
COMMITMENTS
       0    3,439      660   20,874   16,573   21,534   20,672    3,720    4,582

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0      193     -325     -909   -1,082   -1,234   -1,214    1,234    1,214

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.0     13.6      2.6     82.7     65.6     85.3     81.9     14.7     18.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       0        2        1       17       16       18       18                  
 
 
MISO.INDIANA.HUB_month_off_dap - NODAL EXCHANGE                      Code-064BFJ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,803
COMMITMENTS
       0    3,300      720   19,524   15,402   20,244   19,422    3,559    4,381

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0      185     -310   -1,052   -1,197   -1,362   -1,322    1,362    1,322

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.0     13.9      3.0     82.0     64.7     85.0     81.6     15.0     18.4

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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       43,125
COMMITMENTS
     495   11,452    1,634   33,770   22,932   35,899   36,018    7,226    7,107

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         50)
    -175     -811      -50   -2,031   -1,415   -2,256   -2,276    2,306    2,326

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     1.1     26.6      3.8     78.3     53.2     83.2     83.5     16.8     16.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       1        5        2       26       19       29       24                  
 
 
NYISO.HUD VL_month_off_dap - NODAL EXCHANGE                          Code-064CXP
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       39,227
COMMITMENTS
     495   10,729      942   31,776   21,446   33,213   33,117    6,014    6,110

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
     -75     -641        0   -1,873   -1,297   -1,948   -1,938    1,948    1,938

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     1.3     27.4      2.4     81.0     54.7     84.7     84.4     15.3     15.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       1        5        2       25       20       28       25                  
 
 
NYISO.N.Y.C._month_on_dap - NODAL EXCHANGE                           Code-064CZS
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,522
COMMITMENTS
   1,160        0        0   19,670   20,992   20,830   20,992    3,692    3,530

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -250        0        0   -1,352   -1,635   -1,602   -1,635    1,602    1,635

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     4.7      0.0      0.0     80.2     85.6     84.9     85.6     15.1     14.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       3        0        0       15       18       18       18                  
 
 
NYISO.N.Y.C._month_off_dap - NODAL EXCHANGE                          Code-064CZT
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       22,773
COMMITMENTS
     850        0       70   18,946   19,748   19,866   19,818    2,907    2,955

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
      10        0      -10   -1,073   -1,085   -1,073   -1,095    1,073    1,095

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     3.7      0.0      0.3     83.2     86.7     87.2     87.0     12.8     13.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       3        0        1       14       16       17       17                  
 
 
NYISO.WEST_month_on_dap - NODAL EXCHANGE                             Code-064DEU
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       36,703
COMMITMENTS
   4,582    3,995    2,970   25,291   26,419   32,843   33,384    3,860    3,319

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        192)
    -465     -240      -10   -1,784   -1,574   -2,259   -1,824    2,451    2,016

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    12.5     10.9      8.1     68.9     72.0     89.5     91.0     10.5      9.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       1        3        2       20       18       22       22                  
 
 
NYISO.WEST_month_off_dap - NODAL EXCHANGE                            Code-064DEV
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       38,375
COMMITMENTS
   5,930    3,960    1,470   27,891   29,681   35,291   35,111    3,084    3,264

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        217)
    -375      -40      -10   -1,454   -1,750   -1,839   -1,800    2,056    2,017

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    15.5     10.3      3.8     72.7     77.3     92.0     91.5      8.0      8.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       1        3        2       19       16       21       20                  
 
 
PJM.AEP_month_on_dap - NODAL EXCHANGE                                Code-064DLQ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       35,337
COMMITMENTS
   2,460    3,441      300   30,001   29,328   32,761   33,069    2,576    2,268

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -120     -140        0   -1,625   -1,633   -1,745   -1,773    1,745    1,773

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     7.0      9.7      0.8     84.9     83.0     92.7     93.6      7.3      6.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       17        5       19        6                  
 
 
PJM.AEP_month_off_dap - NODAL EXCHANGE                               Code-064DLR
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       35,302
COMMITMENTS
   2,460    3,441      300   30,031   29,298   32,791   33,039    2,511    2,263

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -120     -140        0   -1,620   -1,628   -1,740   -1,768    1,740    1,768

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     7.0      9.7      0.8     85.1     83.0     92.9     93.6      7.1      6.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       17        5       19        6                  
 
 
PJM.AEP-DAYTON HUB_mo_on_dap - NODAL EXCHANGE                        Code-064DLW
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      112,772
COMMITMENTS
   3,601    6,600    5,615   79,797   76,249   89,013   88,464   23,759   24,308

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         14)
    -323     -180     -160   -5,148   -5,267   -5,631   -5,607    5,645    5,621

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     3.2      5.9      5.0     70.8     67.6     78.9     78.4     21.1     21.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       4        3        3       18       24       22       30                  
 
 
PJM.AEP-DAYTON HUB_mo_off_dap - NODAL EXCHANGE                       Code-064DLX
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      111,477
COMMITMENTS
   4,238    6,000    5,383   79,082   76,836   88,703   88,219   22,774   23,258

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        264)
    -313     -105     -210   -4,927   -5,116   -5,450   -5,431    5,714    5,695

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     3.8      5.4      4.8     70.9     68.9     79.6     79.1     20.4     20.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       4        3        3       18       24       22       30                  
 
 
PJM.APS_month_on_dap - NODAL EXCHANGE                                Code-064DMY
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       11,988
COMMITMENTS
   2,010        0      120    8,009   10,789   10,139   10,909    1,849    1,079

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        710)
     255        0        0     -144      -74      111      -74      599      784

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    16.8      0.0      1.0     66.8     90.0     84.6     91.0     15.4      9.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       3        0        1       16        7       19        8                  
 
 
PJM.APS_month_off_dap - NODAL EXCHANGE                               Code-064DMZ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       11,988
COMMITMENTS
   2,010        0      120    7,994   10,774   10,124   10,894    1,864    1,094

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        710)
     255        0        0     -159      -89       96      -89      614      799

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    16.8      0.0      1.0     66.7     89.9     84.5     90.9     15.5      9.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
       3        0        1       16        7       19        8                  
 
 
PJM.BGE_month_on_dap - NODAL EXCHANGE                                Code-064DPQ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       30,598
COMMITMENTS
   2,715    1,790    1,108   23,873   24,845   27,696   27,743    2,902    2,855

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -190      -75      -68   -1,235   -1,385   -1,493   -1,528    1,493    1,528

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     8.9      5.9      3.6     78.0     81.2     90.5     90.7      9.5      9.3

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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       30,650
COMMITMENTS
   2,715    1,790    1,108   23,745   24,780   27,568   27,678    3,082    2,972

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -190      -75      -68   -1,225   -1,375   -1,483   -1,518    1,483    1,518

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     8.9      5.8      3.6     77.5     80.8     89.9     90.3     10.1      9.7

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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       14,990
COMMITMENTS
     890    2,140      260   11,655   10,470   12,805   12,870    2,185    2,120

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -345      -15      -10     -730   -1,065   -1,085   -1,090    1,085    1,090

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     5.9     14.3      1.7     77.8     69.8     85.4     85.9     14.6     14.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        2        1       17       13       20       15                  
 
 
PJM.DOM_month_off_dap - NODAL EXCHANGE                               Code-064DZT
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       15,335
COMMITMENTS
     890    2,155      245   12,040   10,850   13,175   13,250    2,160    2,085

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -345      -30        0     -655     -985   -1,000   -1,015    1,000    1,015

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     5.8     14.1      1.6     78.5     70.8     85.9     86.4     14.1     13.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       2        2        1       18       12       21       14                  
 
 
PJM.JCPL_month_on_dap - NODAL EXCHANGE                               Code-064EJI
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       38,787
COMMITMENTS
   5,215    4,265      587   28,995   30,820   34,797   35,672    3,990    3,115

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
     -35      -75     -135   -1,160   -1,185   -1,330   -1,395    1,330    1,395

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    13.4     11.0      1.5     74.8     79.5     89.7     92.0     10.3      8.0

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
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       37,185
COMMITMENTS
   4,898    4,265      602   28,035   29,465   33,535   34,332    3,650    2,853

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         10)
    -112     -134      -58   -1,125   -1,160   -1,295   -1,352    1,305    1,362

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    13.2     11.5      1.6     75.4     79.2     90.2     92.3      9.8      7.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       4        1        1       18       15       22       17                  
 
 
PJM.METED_month_on_dap - NODAL EXCHANGE                              Code-064EOW
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,728
COMMITMENTS
     200    3,050      765   20,367   18,286   21,332   22,101    3,396    2,627

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0     -515      -35   -1,677   -1,225   -1,712   -1,775    1,712    1,775

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.8     12.3      3.1     82.4     73.9     86.3     89.4     13.7     10.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       1        4        2       17       11       20       15                  
 
 
PJM.METED_month_off_dap - NODAL EXCHANGE                             Code-064EOX
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       24,817
COMMITMENTS
     200    2,980      835   20,372   18,351   21,407   22,166    3,410    2,651

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0     -515      -35   -1,712   -1,250   -1,747   -1,800    1,747    1,800

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.8     12.0      3.4     82.1     73.9     86.3     89.3     13.7     10.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       1        4        2       17       12       20       16                  
 
 
PJM.N ILLINOIS HUB_mo_on_dap - NODAL EXCHANGE                        Code-064ERM
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       66,332
COMMITMENTS
   1,080      145        0   56,813   57,739   57,893   57,884    8,439    8,448

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
    -105      -50        0   -2,312   -2,348   -2,417   -2,398    2,417    2,398

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     1.6      0.2      0.0     85.6     87.0     87.3     87.3     12.7     12.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       29)
       1        2        0       16       21       17       23                  
 
 
PJM.N ILLINOIS HUB_mo_off_dap - NODAL EXCHANGE                       Code-064ERN
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       63,276
COMMITMENTS
     570      145        0   54,710   55,126   55,280   55,271    7,996    8,005

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
     -20      -50      -15   -1,849   -1,800   -1,884   -1,865    1,884    1,865

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.9      0.2      0.0     86.5     87.1     87.4     87.3     12.6     12.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       1        2        0       16       20       17       22                  
 
 
PJM.PECO_month_on_dap - NODAL EXCHANGE                               Code-064EUY
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      152,546
COMMITMENTS
  50,380    1,245        0   88,784  138,211  139,164  139,456   13,382   13,090

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        335)
    -500      140        0   -5,193   -5,854   -5,693   -5,714    6,028    6,049

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    33.0      0.8      0.0     58.2     90.6     91.2     91.4      8.8      8.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        3        0       24       18       28       21                  
 
 
PJM.PECO_month_off_dap - NODAL EXCHANGE                              Code-064EUZ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      154,689
COMMITMENTS
  56,520    1,270        3   85,242  140,784  141,765  142,057   12,924   12,632

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        350)
    -465      115       -3   -4,944   -5,545   -5,412   -5,433    5,762    5,783

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    36.5      0.8      0.0     55.1     91.0     91.6     91.8      8.4      8.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        3        1       24       18       28       22                  
 
 
PJM.PENELEC_month_on_dap - NODAL EXCHANGE                            Code-064EVA
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       25,820
COMMITMENTS
  15,647        0        0    6,736   23,228   22,383   23,228    3,437    2,592

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        280)
  -1,227        0        0     -145   -1,432   -1,372   -1,432    1,652    1,712

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    60.6      0.0      0.0     26.1     90.0     86.7     90.0     13.3     10.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       3        0        0       16       15       19       15                  
 
 
PJM.PENELEC_month_off_dap - NODAL EXCHANGE                           Code-064EVB
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       25,840
COMMITMENTS
  15,647        0        0    6,766   23,228   22,413   23,228    3,427    2,612

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        255)
  -1,227        0        0     -225   -1,507   -1,452   -1,507    1,707    1,762

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    60.6      0.0      0.0     26.2     89.9     86.7     89.9     13.3     10.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       3        0        0       16       15       19       15                  
 
 
PJM.PEPCO_month_on_dap - NODAL EXCHANGE                              Code-064EVG
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,735
COMMITMENTS
   1,560    6,280    1,975   17,235   12,955   20,770   21,210    2,965    2,525

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        245)
       0      220     -270     -775   -1,030   -1,045   -1,080    1,290    1,325

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     6.6     26.5      8.3     72.6     54.6     87.5     89.4     12.5     10.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        2       17       14       20       17                  
 
 
PJM.PEPCO_month_off_dap - NODAL EXCHANGE                             Code-064EVH
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       23,700
COMMITMENTS
   1,560    6,280    1,975   17,220   12,915   20,755   21,170    2,945    2,530

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        240)
       0      220     -270     -770   -1,000   -1,040   -1,050    1,280    1,290

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     6.6     26.5      8.3     72.7     54.5     87.6     89.3     12.4     10.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       2        2        2       17       14       20       17                  
 
 
PJM.PPL_month_on_dap - NODAL EXCHANGE                                Code-064EWU
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       63,505
COMMITMENTS
      90    1,960    1,410   55,859   54,946   57,359   58,316    6,146    5,189

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         60)
    -135     -225       40   -3,204   -3,169   -3,299   -3,354    3,359    3,414

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.1      3.1      2.2     88.0     86.5     90.3     91.8      9.7      8.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       1        3        2       23       18       25       22                  
 
 
PJM.PPL_month_off_dap - NODAL EXCHANGE                               Code-064EWV
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       64,404
COMMITMENTS
      90    1,203    1,770   56,365   56,232   58,225   59,205    6,179    5,199

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         60)
     -85     -228       40   -3,075   -3,010   -3,120   -3,198    3,180    3,258

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.1      1.9      2.7     87.5     87.3     90.4     91.9      9.6      8.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       1        3        2       22       18       24       22                  
 
 
PJM.PSEG_month_on_dap - NODAL EXCHANGE                               Code-064EXE
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       81,239
COMMITMENTS
   5,985    3,670    2,585   59,143   61,541   67,713   67,796   13,526   13,443

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        255)
    -250     -735       35   -2,863   -2,388   -3,078   -3,088    3,333    3,343

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     7.4      4.5      3.2     72.8     75.8     83.4     83.5     16.6     16.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       3        3        4       24       20       28       26                  
 
 
PJM.PSEG_month_off_dap - NODAL EXCHANGE                              Code-064EXF
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       79,025
COMMITMENTS
   5,800    3,145    2,585   56,876   59,614   65,261   65,344   13,764   13,681

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        265)
    -220     -700       15   -2,678   -2,208   -2,883   -2,893    3,148    3,158

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     7.3      4.0      3.3     72.0     75.4     82.6     82.7     17.4     17.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       2        4        4       24       20       28       26                  
 
 
PJM.WESTERN HUB_month_on_dap - NODAL EXCHANGE                        Code-064FHK
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      280,007
COMMITMENTS
   7,932   59,262    7,279  203,330  151,792  218,541  218,333   61,466   61,674

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:      1,697)
    -833   -1,507       40   -7,222   -6,513   -8,015   -7,980    9,712    9,677

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     2.8     21.2      2.6     72.6     54.2     78.0     78.0     22.0     22.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
       6        5        7       29       35       38       44                  
 
 
PJM.WESTERN HUB_month_off_dap - NODAL EXCHANGE                       Code-064FHL
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      276,510
COMMITMENTS
   7,217   69,952    5,102  204,768  141,760  217,087  216,814   59,423   59,696

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:      1,755)
    -882   -1,067     -265   -5,878   -5,678   -7,025   -7,010    8,780    8,765

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     2.6     25.3      1.8     74.1     51.3     78.5     78.4     21.5     21.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       6        5        7       27       36       36       45                  
 
 
MISO.INDIANA.HUB_month_on_rtp - NODAL EXCHANGE                       Code-064FJY
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       34,785
COMMITMENTS
   1,600    7,130      480   30,473   24,863   32,553   32,473    2,232    2,312

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     4.6     20.5      1.4     87.6     71.5     93.6     93.4      6.4      6.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        2        1       17       16       19       18                  
 
 
MISO.INDIANA.HUB_month_off_rtp - NODAL EXCHANGE                      Code-064FJZ
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       33,033
COMMITMENTS
   1,600    6,980      230   30,065   24,555   31,895   31,765    1,138    1,268

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:         10)
       0        0        0       10       10       10       10        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     4.8     21.1      0.7     91.0     74.3     96.6     96.2      3.4      3.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        1       18       17       20       18                  
 
 
PJM.AEP-DAYTON HUB_mo_on_rtp - NODAL EXCHANGE                        Code-064FKA
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       91,452
COMMITMENTS
  25,947    1,505    1,413   54,060   78,660   81,420   81,578   10,032    9,874

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        229)
       0      100        0      229      129      229      229        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    28.4      1.6      1.5     59.1     86.0     89.0     89.2     11.0     10.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       37)
       5        4        4       25       26       31       33                  
 
 
PJM.AEP-DAYTON HUB_mo_off_rtp - NODAL EXCHANGE                       Code-064FKB
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       91,355
COMMITMENTS
  23,645    1,730    1,870   56,439   78,344   81,954   81,944    9,401    9,411

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        450)
       0        0        0      450      450      450      450        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    25.9      1.9      2.0     61.8     85.8     89.7     89.7     10.3     10.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       37)
       4        5        5       23       25       29       33                  
 
 
PJM.N ILLINOIS HUB_mo_on_rtp - NODAL EXCHANGE                        Code-064FKC
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       74,237
COMMITMENTS
   1,960    1,415      900   64,620   65,136   67,480   67,451    6,757    6,786

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     2.6      1.9      1.2     87.0     87.7     90.9     90.9      9.1      9.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       2        2        3       22       19       26       22                  
 
 
PJM.N ILLINOIS HUB_mo_off_rtp - NODAL EXCHANGE                       Code-064FKD
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       71,250
COMMITMENTS
   3,660    1,290    1,040   60,078   62,559   64,778   64,889    6,472    6,361

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     5.1      1.8      1.5     84.3     87.8     90.9     91.1      9.1      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       3        2        3       20       17       25       20                  
 
 
PJM.WESTERN HUB_month_on_rtp - NODAL EXCHANGE                        Code-064FKE
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      240,628
COMMITMENTS
  23,210   25,967    3,828  185,164  182,277  212,202  212,072   28,426   28,556

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:      1,731)
     700      120      -20      995    1,575    1,675    1,675       56       56

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     9.6     10.8      1.6     77.0     75.8     88.2     88.1     11.8     11.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       48)
       9        3        4       30       34       41       39                  
 
 
PJM.WESTERN HUB_month_off_rtp - NODAL EXCHANGE                       Code-064FKF
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:      213,034
COMMITMENTS
  30,338   23,027    3,253  152,489  159,854  186,080  186,134   26,954   26,900

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:     -1,226)
       0        0        0   -1,471   -1,471   -1,471   -1,471      245      245

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    14.2     10.8      1.5     71.6     75.0     87.3     87.4     12.7     12.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       46)
       7        3        5       32       32       42       37                  
 
 
ERCOT.HB_NORTH_month_on_rtp - NODAL EXCHANGE                         Code-064FOK
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       87,109
COMMITMENTS
   2,315    3,100      825   71,029   70,254   74,169   74,179   12,940   12,930

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        565)
       0        0        0      520      520      520      520       45       45

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     2.7      3.6      0.9     81.5     80.7     85.1     85.2     14.9     14.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       2        2        2       19       20       21       24                  
 
 
ERCOT.HB_NORTH_month_off_rtp - NODAL EXCHANGE                        Code-064FOL
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       83,633
COMMITMENTS
      50    2,400        0   74,964   72,444   75,014   74,844    8,619    8,789

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:        520)
       0        0        0      -20      -20      -20      -20      540      540

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
     0.1      2.9      0.0     89.6     86.6     89.7     89.5     10.3     10.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        1        0       17       18       18       19                  
 
 
ERCOT.HB_NORTH_month_7x8_rtp - NODAL EXCHANGE                        Code-064GBD
OPTION AND FUTURES COMBINED POSITIONS AS OF 12/02/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
Megawatt Hours (MWh)                                 OPEN INTEREST:       34,000
COMMITMENTS
  10,925        0        0   21,090   32,195   32,015   32,195    1,985    1,805

CHANGES FROM 11/25/25 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    32.1      0.0      0.0     62.0     94.7     94.2     94.7      5.8      5.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       2        0        0       15       12       17       12                  



Updated December 17, 2025