Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MID-C DAY-AHEAD PEAK - ICE FUTURES ENERGY DIV (Contracts of about 400 MWh) : CFTC Code #064391 Open Interest is 34,598 : : Positions : : 23,471 26,261 3,277 706 4,281 700 1,489 423 1,600 275 473 : : : : Changes from: September 23, 2025 : : 255 15 -168 -27 -9 -130 100 -184 76 -80 148 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.8 75.9 9.5 2.0 12.4 2.0 4.3 1.2 4.6 0.8 1.4 : : : : Number of Traders in Each Category Total Traders: 49 : : 22 25 4 . 5 4 5 6 . 4 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MID-C DAY-AHEAD OFF-PEAK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #064392 Open Interest is 24,617 : : Positions : : 16,551 18,845 4,061 895 2,392 139 1,668 75 882 70 235 : : : : Changes from: September 23, 2025 : : 358 168 230 0 -85 -288 191 -20 -30 -110 150 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.2 76.6 16.5 3.6 9.7 0.6 6.8 0.3 3.6 0.3 1.0 : : : : Number of Traders in Each Category Total Traders: 39 : : 19 21 4 . . . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM WESTERN HUB RT OFF - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #064394 Open Interest is 271,100 : : Positions : : 105,900 143,715 3,997 65,997 11,938 71,852 5,384 15,972 40,162 6,707 20,504 : : : : Changes from: September 23, 2025 : : 3,976 2,590 569 -579 625 -4,614 -419 2,069 -506 -1,939 2,853 : : : : Percent of Open Interest Represented by Each Category of Trader : : 39.1 53.0 1.5 24.3 4.4 26.5 2.0 5.9 14.8 2.5 7.6 : : : : Number of Traders in Each Category Total Traders: 88 : : 34 29 4 5 6 17 11 12 9 7 10 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- SP15 FIN DA PEAK FIXED - ICE FUTURES ENERGY DIV (Contracts of about 400 MWh) : CFTC Code #064395 Open Interest is 97,386 : : Positions : : 70,736 52,067 14,111 21,753 1,820 1,072 7,464 6,457 213 5,257 2,468 : : : : Changes from: September 23, 2025 : : 86 131 304 -755 124 -93 -213 -69 -100 1,083 -135 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.6 53.5 14.5 22.3 1.9 1.1 7.7 6.6 0.2 5.4 2.5 : : : : Number of Traders in Each Category Total Traders: 63 : : 26 25 5 . 6 4 9 6 . 7 8 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- CAISO SP-15 DA OFF-PK FIXED - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #064396 Open Interest is 77,247 : : Positions : : 51,795 38,146 9,744 16,330 4,022 596 9,343 4,975 3,229 1,642 2,774 : : : : Changes from: September 23, 2025 : : 663 -726 -1,082 -226 378 -244 74 981 174 642 289 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.1 49.4 12.6 21.1 5.2 0.8 12.1 6.4 4.2 2.1 3.6 : : : : Number of Traders in Each Category Total Traders: 52 : : 22 24 6 . 4 . 5 5 5 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM AEP DAYTON RT OFF-PK FIXED - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439A Open Interest is 57,394 : : Positions : : 31,916 32,102 1,365 13,315 3,206 5,944 0 5,096 8,017 1,995 1,584 : : : : Changes from: September 23, 2025 : : 2,220 2,032 -180 1,320 -649 182 0 -85 1,430 -126 406 : : : : Percent of Open Interest Represented by Each Category of Trader : : 55.6 55.9 2.4 23.2 5.6 10.4 0.0 8.9 14.0 3.5 2.8 : : : : Number of Traders in Each Category Total Traders: 41 : : 21 21 . 6 8 5 0 4 . 4 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM AEP DAYTON RT PEAK FIXED - ICE FUTURES ENERGY DIV (Contracts of 800 MWh) : CFTC Code #06439B Open Interest is 64,375 : : Positions : : 36,805 32,248 3,033 5,847 6,524 3,894 11,371 2,830 8,422 3,053 2,409 : : : : Changes from: September 23, 2025 : : 323 -745 197 1,320 -674 237 637 -161 389 -42 -35 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.2 50.1 4.7 9.1 10.1 6.0 17.7 4.4 13.1 4.7 3.7 : : : : Number of Traders in Each Category Total Traders: 54 : : 24 23 6 4 7 4 7 6 . 7 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM AEP DAYTON HUB DA OFF-PK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439C Open Interest is 51,767 : : Positions : : 38,602 14,398 7,439 17,761 865 785 2,250 650 1,838 14,707 852 : : : : Changes from: September 23, 2025 : : 1,135 956 0 126 28 90 135 150 -106 -55 91 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.6 27.8 14.4 34.3 1.7 1.5 4.3 1.3 3.6 28.4 1.6 : : : : Number of Traders in Each Category Total Traders: 47 : : 22 16 4 6 7 . . . 4 4 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- AEP DAYTON HUB DA PEAK DAILY - ICE FUTURES ENERGY DIV (Contracts of about 16 MWh) : CFTC Code #06439E Open Interest is 2,850 : : Positions : : 1,650 2,050 0 100 0 200 150 250 550 250 50 : : : : Changes from: September 23, 2025 : : . . . . . . . . . . . : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.9 71.9 0.0 3.5 0.0 7.0 5.3 8.8 19.3 8.8 1.8 : : : : Number of Traders in Each Category Total Traders: 23 : : 7 10 0 . 0 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM AEP DAYTON DA PEAK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439F Open Interest is 58,469 : : Positions : : 43,846 16,440 8,299 20,911 1,000 980 2,973 442 2,097 15,550 854 : : : : Changes from: September 23, 2025 : : 348 610 0 82 0 285 133 -78 -158 -90 155 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.0 28.1 14.2 35.8 1.7 1.7 5.1 0.8 3.6 26.6 1.5 : : : : Number of Traders in Each Category Total Traders: 51 : : 24 18 5 5 7 . . . . 6 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO INDIANA OFF-PEAK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439K Open Interest is 14,772 : : Positions : : 11,556 12,813 1,481 134 1,242 0 90 250 85 0 115 : : : : Changes from: September 23, 2025 : : 40 -63 -69 44 -40 0 0 0 10 0 -10 : : : : Percent of Open Interest Represented by Each Category of Trader : : 78.2 86.7 10.0 0.9 8.4 0.0 0.6 1.7 0.6 0.0 0.8 : : : : Number of Traders in Each Category Total Traders: 30 : : 20 14 . . . 0 . . . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO IN. REAL-TIME OFF-PEAK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439L Open Interest is 31,801 : : Positions : : 27,383 19,402 582 3,714 2,656 800 1,831 0 0 4,098 0 : : : : Changes from: September 23, 2025 : : 291 -366 -161 186 100 0 -25 0 0 315 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 86.1 61.0 1.8 11.7 8.4 2.5 5.8 0.0 0.0 12.9 0.0 : : : : Number of Traders in Each Category Total Traders: 27 : : 16 14 . 5 5 . . 0 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT HOUSTON 345KV RT PK FIX - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439N Open Interest is 41,416 : : Positions : : 26,167 31,997 6,184 4,758 2,521 2,439 0 1,200 2,685 940 0 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 63.2 77.3 14.9 11.5 6.1 5.9 0.0 2.9 6.5 2.3 0.0 : : : : Number of Traders in Each Category Total Traders: 31 : : 18 12 . . . . 0 . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT Houston 345KV RT OFF FIX - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #06439Q Open Interest is 38,266 : : Positions : : 24,112 29,852 4,843 4,502 2,712 2,439 0 1,200 2,960 0 0 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 63.0 78.0 12.7 11.8 7.1 6.4 0.0 3.1 7.7 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 29 : : 17 10 4 . . . 0 . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT NORTH 345KV RT PK FIX - ICE FUTURES ENERGY DIV (1 Mw per Peak Hour) : CFTC Code #06439R Open Interest is 297,692 : : Positions : : 119,947 181,109 20,896 55,980 20,638 75,457 4,327 15,307 35,705 10,883 9,091 : : : : Changes from: September 23, 2025 : : 853 285 147 2,852 -1,496 2,556 566 82 298 87 364 : : : : Percent of Open Interest Represented by Each Category of Trader : : 40.3 60.8 7.0 18.8 6.9 25.3 1.5 5.1 12.0 3.7 3.1 : : : : Number of Traders in Each Category Total Traders: 109 : : 39 37 . 6 6 19 13 19 13 9 14 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT SOUTH 345 KV RT PEAK FIX - ICE FUTURES ENERGY DIV (1 Mw per Peak Hour) : CFTC Code #06439S Open Interest is 31,615 : : Positions : : 23,514 15,998 6,315 10,462 711 0 4,000 0 675 0 275 : : : : Changes from: September 23, 2025 : : -22 8 0 0 0 0 0 0 30 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.4 50.6 20.0 33.1 2.2 0.0 12.7 0.0 2.1 0.0 0.9 : : : : Number of Traders in Each Category Total Traders: 23 : : 13 11 . . . 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT-SOUTH MONTHLY OFFPEAK - ICE FUTURES ENERGY DIV (1 MW per off-peak hour) : CFTC Code #06439U Open Interest is 29,817 : : Positions : : 21,330 15,592 6,325 8,698 1,087 0 4,000 0 675 0 275 : : : : Changes from: September 23, 2025 : : 2 32 0 0 0 0 0 0 30 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.5 52.3 21.2 29.2 3.6 0.0 13.4 0.0 2.3 0.0 0.9 : : : : Number of Traders in Each Category Total Traders: 23 : : 13 11 . . . 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT WEST 345KV RT PEAK - ICE FUTURES ENERGY DIV (1 MW per peak hour) : CFTC Code #06439V Open Interest is 33,197 : : Positions : : 19,437 25,862 10,419 0 2,217 0 3,967 400 600 691 0 : : : : Changes from: September 23, 2025 : : 840 780 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 58.6 77.9 31.4 0.0 6.7 0.0 11.9 1.2 1.8 2.1 0.0 : : : : Number of Traders in Each Category Total Traders: 25 : : 15 13 5 0 5 0 . . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT WEST 345K RT OFF-PEAK - ICE FUTURES ENERGY DIV (1 MW per Off-Peak Hour) : CFTC Code #06439W Open Interest is 33,025 : : Positions : : 19,897 25,750 9,867 0 2,157 0 3,967 400 600 691 0 : : : : Changes from: September 23, 2025 : : 840 780 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 60.2 78.0 29.9 0.0 6.5 0.0 12.0 1.2 1.8 2.1 0.0 : : : : Number of Traders in Each Category Total Traders: 25 : : 15 13 5 0 5 0 . . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT NORTH 345KV DA PK DLY FI - ICE FUTURES ENERGY DIV Megawatt Hours (MWh) : CFTC Code #0643A5 Open Interest is 11,600 : : Positions : : 5,850 0 1,250 350 0 600 9,200 0 3,700 1,750 100 : : : : Changes from: September 23, 2025 : : 4,350 -550 -750 -850 0 -1,400 3,100 -300 500 650 -100 : : : : Percent of Open Interest Represented by Each Category of Trader : : 50.4 0.0 10.8 3.0 0.0 5.2 79.3 0.0 31.9 15.1 0.9 : : : : Number of Traders in Each Category Total Traders: 20 : : 6 0 . . 0 . . 0 . 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT - NORTH MONTHLY OFF-PEAK - ICE FUTURES ENERGY DIV 1 Mw per Off-Peak Hour : CFTC Code #0643A8 Open Interest is 124,459 : : Positions : : 67,311 94,245 24,675 12,374 6,159 17,545 2,589 1,690 4,989 5,848 1,330 : : : : Changes from: September 23, 2025 : : 180 780 0 2,400 0 2,400 0 0 600 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 54.1 75.7 19.8 9.9 4.9 14.1 2.1 1.4 4.0 4.7 1.1 : : : : Number of Traders in Each Category Total Traders: 43 : : 18 21 . . 5 4 . . . 7 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO IN. DAY-AHEAD PEAK - ICE FUTURES ENERGY DIV (1 MW per peak hour) : CFTC Code #0643AZ Open Interest is 15,891 : : Positions : : 12,603 13,313 1,810 719 588 10 325 250 265 340 215 : : : : Changes from: September 23, 2025 : : 553 386 -22 130 -74 0 50 0 40 -10 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 79.3 83.8 11.4 4.5 3.7 0.1 2.0 1.6 1.7 2.1 1.4 : : : : Number of Traders in Each Category Total Traders: 37 : : 21 16 . . 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO INDIANA HUB RT PEAK - ICE FUTURES ENERGY DIV (Contracts of 800 MWh) : CFTC Code #0643B3 Open Interest is 37,763 : : Positions : : 31,533 21,815 1,873 2,794 2,726 920 2,192 75 46 7,984 5 : : : : Changes from: September 23, 2025 : : 371 339 0 -23 91 40 -20 5 0 146 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 83.5 57.8 5.0 7.4 7.2 2.4 5.8 0.2 0.1 21.1 0.0 : : : : Number of Traders in Each Category Total Traders: 38 : : 18 14 . 5 5 . . . . 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM N. IL HUB DA OFF-PK - ICE FUTURES ENERGY DIV (1 MW per off-peak hour) : CFTC Code #0643BC Open Interest is 19,007 : : Positions : : 12,151 13,633 4,350 4,024 531 60 300 0 1,158 31 69 : : : : Changes from: September 23, 2025 : : 224 168 70 55 -13 0 0 0 -9 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 63.9 71.7 22.9 21.2 2.8 0.3 1.6 0.0 6.1 0.2 0.4 : : : : Number of Traders in Each Category Total Traders: 34 : : 18 11 4 4 4 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM N. IL HUB DA PEAK - ICE FUTURES ENERGY DIV (1 MW per peak hour) : CFTC Code #0643BE Open Interest is 19,827 : : Positions : : 13,430 16,704 4,021 1,600 694 60 300 0 1,145 0 101 : : : : Changes from: September 23, 2025 : : 111 201 175 38 0 0 0 0 -48 0 25 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.7 84.2 20.3 8.1 3.5 0.3 1.5 0.0 5.8 0.0 0.5 : : : : Number of Traders in Each Category Total Traders: 35 : : 18 13 . 5 4 . . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ISO NE MASS HUB DA OFF-PK FIXD - ICE FUTURES ENERGY DIV (1 MW per Hour for about 368 Hours) : CFTC Code #0643BF Open Interest is 71,660 : : Positions : : 47,960 50,791 10,370 9,066 2,180 3,580 5,553 1,142 3,988 704 2,084 : : : : Changes from: September 23, 2025 : : -1,085 351 1,860 -147 164 203 633 -105 -237 -47 -67 : : : : Percent of Open Interest Represented by Each Category of Trader : : 66.9 70.9 14.5 12.7 3.0 5.0 7.7 1.6 5.6 1.0 2.9 : : : : Number of Traders in Each Category Total Traders: 54 : : 24 22 6 4 6 4 4 4 . 4 6 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ISO NE MASS HUB DA PEAK - ICE FUTURES ENERGY DIV (Contracts of 800MWh) : CFTC Code #0643BG Open Interest is 98,719 : : Positions : : 64,420 72,241 10,673 8,609 3,242 2,762 6,474 5,193 10,214 843 1,844 : : : : Changes from: September 23, 2025 : : -855 557 2,023 377 -22 101 -305 403 -708 -83 -50 : : : : Percent of Open Interest Represented by Each Category of Trader : : 65.3 73.2 10.8 8.7 3.3 2.8 6.6 5.3 10.3 0.9 1.9 : : : : Number of Traders in Each Category Total Traders: 65 : : 25 25 6 5 7 5 9 6 6 4 6 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- CAISO NP-15 PEAK - ICE FUTURES ENERGY DIV (Contracts of 400MWh) : CFTC Code #0643BM Open Interest is 38,107 : : Positions : : 17,533 26,940 17,231 625 962 1,232 7,729 204 626 1,558 89 : : : : Changes from: September 23, 2025 : : 369 -211 470 0 95 48 951 1 10 132 -42 : : : : Percent of Open Interest Represented by Each Category of Trader : : 46.0 70.7 45.2 1.6 2.5 3.2 20.3 0.5 1.6 4.1 0.2 : : : : Number of Traders in Each Category Total Traders: 43 : : 21 13 5 . . . . 4 . 6 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- CAISO NP-15 DA OFF-PK FIXED - ICE FUTURES ENERGY DIV (1 MW per Hour for about 386 Hours) : CFTC Code #0643BR Open Interest is 35,258 : : Positions : : 14,714 24,712 18,475 975 1,465 137 5,616 223 0 2,041 0 : : : : Changes from: September 23, 2025 : : 60 12 405 0 0 -105 78 75 0 210 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 41.7 70.1 52.4 2.8 4.2 0.4 15.9 0.6 0.0 5.8 0.0 : : : : Number of Traders in Each Category Total Traders: 32 : : 12 14 4 . . . . . 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM NI HUB RT OFF-PK FIXED - ICE FUTURES ENERGY DIV (1 MW per Hour for about 386 Hours) : CFTC Code #0643BS Open Interest is 65,612 : : Positions : : 25,813 42,645 3,678 13,279 2,223 27,674 1,424 4,655 172 458 830 : : : : Changes from: September 23, 2025 : : 721 127 -735 -265 435 192 0 -30 -54 258 -84 : : : : Percent of Open Interest Represented by Each Category of Trader : : 39.3 65.0 5.6 20.2 3.4 42.2 2.2 7.1 0.3 0.7 1.3 : : : : Number of Traders in Each Category Total Traders: 37 : : 20 17 5 . 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM N. IL HUB RT PEAK - ICE FUTURES ENERGY DIV (Contracts of 800 MWh) : CFTC Code #0643BT Open Interest is 53,996 : : Positions : : 40,342 34,389 5,467 15,432 1,959 4,410 472 1,037 145 206 372 : : : : Changes from: September 23, 2025 : : 1,813 400 -461 544 304 0 -289 301 -566 141 169 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.7 63.7 10.1 28.6 3.6 8.2 0.9 1.9 0.3 0.4 0.7 : : : : Number of Traders in Each Category Total Traders: 37 : : 21 17 4 . 5 . 4 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE J DA PEAK - ICE FUTURES ENERGY DIV (Contracts of 800MWh) : CFTC Code #0643BW Open Interest is 8,585 : : Positions : : 3,052 6,246 2,307 548 1,164 785 25 50 804 0 0 : : : : Changes from: September 23, 2025 : : 0 0 0 60 0 0 0 0 60 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 35.6 72.8 26.9 6.4 13.6 9.1 0.3 0.6 9.4 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 9 10 5 . 4 . . . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE J DA OFF-PK FIXED - ICE FUTURES ENERGY DIV (1 MW for about 368 Hours) : CFTC Code #0643BX Open Interest is 7,684 : : Positions : : 2,896 5,470 1,929 757 911 665 25 50 780 0 0 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 37.7 71.2 25.1 9.9 11.9 8.7 0.3 0.7 10.2 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 9 11 4 . 5 . . . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE A DA PEAK - ICE FUTURES ENERGY DIV (Contracts of 800MWh) : CFTC Code #0643BY Open Interest is 35,193 : : Positions : : 26,052 26,431 1,951 2,947 2,032 2,620 900 468 0 191 1,549 : : : : Changes from: September 23, 2025 : : 291 358 40 60 37 153 40 -35 0 11 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.0 75.1 5.5 8.4 5.8 7.4 2.6 1.3 0.0 0.5 4.4 : : : : Number of Traders in Each Category Total Traders: 33 : : 15 12 . 5 8 4 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE A DA OFF-PK FIX PR - ICE FUTURES ENERGY DIV (1MW for about 368 Hours) : CFTC Code #0643BZ Open Interest is 31,619 : : Positions : : 23,026 24,067 1,470 4,501 1,219 3,716 561 505 796 130 420 : : : : Changes from: September 23, 2025 : : 268 118 60 200 0 16 0 0 -25 0 25 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.8 76.1 4.6 14.2 3.9 11.8 1.8 1.6 2.5 0.4 1.3 : : : : Number of Traders in Each Category Total Traders: 34 : : 17 9 . 4 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE G DA PEAK - ICE FUTURES ENERGY DIV (Contracts of 800MWh) : CFTC Code #0643C3 Open Interest is 27,154 : : Positions : : 20,287 11,222 2,021 6,096 2,513 433 4,766 957 5 873 483 : : : : Changes from: September 23, 2025 : : 620 -147 -44 366 5 61 369 95 0 64 -3 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.7 41.3 7.4 22.4 9.3 1.6 17.6 3.5 0.0 3.2 1.8 : : : : Number of Traders in Each Category Total Traders: 42 : : 18 19 . 5 6 . 6 4 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO ZONE G DA OFF-PK - ICE FUTURES ENERGY DIV (1MW for about 368 Hours) : CFTC Code #0643C4 Open Interest is 20,605 : : Positions : : 15,525 10,048 1,261 4,846 2,284 374 2,311 522 99 177 228 : : : : Changes from: September 23, 2025 : : 361 -242 -54 248 40 50 540 74 -25 0 26 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.3 48.8 6.1 23.5 11.1 1.8 11.2 2.5 0.5 0.9 1.1 : : : : Number of Traders in Each Category Total Traders: 36 : : 17 19 . 7 7 . 4 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PALO VERDE DA PEAK - ICE FUTURES ENERGY DIV (Contracts of 400MWh) : CFTC Code #0643CB Open Interest is 14,723 : : Positions : : 7,803 9,797 4,935 3,660 757 552 0 0 512 60 23 : : : : Changes from: September 23, 2025 : : -31 -5 -25 -51 26 -41 0 0 95 60 5 : : : : Percent of Open Interest Represented by Each Category of Trader : : 53.0 66.5 33.5 24.9 5.1 3.7 0.0 0.0 3.5 0.4 0.2 : : : : Number of Traders in Each Category Total Traders: 33 : : 18 18 4 . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PALO VERDE DA OFF-PK FiXED PR - ICE FUTURES ENERGY DIV (1 MW for about 368 Hours) : CFTC Code #0643CC Open Interest is 11,267 : : Positions : : 5,527 7,566 4,342 2,493 718 75 305 70 120 0 0 : : : : Changes from: September 23, 2025 : : -105 95 300 0 -85 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 49.1 67.2 38.5 22.1 6.4 0.7 2.7 0.6 1.1 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 28 : : 14 13 4 . 4 . . . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM PPL ZONE DA OFF-PEAK FIXED - ICE FUTURES ENERGY DIV 1 MW : CFTC Code #0643D7 Open Interest is 20,972 : : Positions : : 9,759 7,412 8,496 13,015 220 1,725 0 0 120 50 275 : : : : Changes from: September 23, 2025 : : -40 260 0 0 0 300 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 46.5 35.3 40.5 62.1 1.0 8.2 0.0 0.0 0.6 0.2 1.3 : : : : Number of Traders in Each Category Total Traders: 20 : : 8 9 4 . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM PPL ZONE DA PEAK - ICE FUTURES ENERGY DIV 1 MW : CFTC Code #0643D8 Open Interest is 22,644 : : Positions : : 8,560 6,274 9,311 13,675 220 2,925 50 0 120 100 275 : : : : Changes from: September 23, 2025 : : -40 260 0 0 0 300 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 37.8 27.7 41.1 60.4 1.0 12.9 0.2 0.0 0.5 0.4 1.2 : : : : Number of Traders in Each Category Total Traders: 20 : : 7 8 4 . . . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM WESTERN HUB DA OFF-PK - ICE FUTURES ENERGY DIV (1 MW per off-peak hour) : CFTC Code #0643DB Open Interest is 101,416 : : Positions : : 63,046 76,750 9,033 12,232 2,391 8,522 1,140 2,766 14,531 4,824 930 : : : : Changes from: September 23, 2025 : : 832 3,351 2,063 1,063 -155 1,549 -220 292 -77 179 30 : : : : Percent of Open Interest Represented by Each Category of Trader : : 62.2 75.7 8.9 12.1 2.4 8.4 1.1 2.7 14.3 4.8 0.9 : : : : Number of Traders in Each Category Total Traders: 63 : : 27 24 6 4 6 5 4 5 4 6 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM WESTERN HUB DA PEAK - ICE FUTURES ENERGY DIV (Contracts of about 352 MWh) : CFTC Code #0643DC Open Interest is 106,863 : : Positions : : 66,090 78,522 8,785 12,223 3,549 6,213 3,223 3,221 16,991 4,208 1,571 : : : : Changes from: September 23, 2025 : : 239 2,966 3,120 222 -5 347 -218 495 -154 604 53 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.8 73.5 8.2 11.4 3.3 5.8 3.0 3.0 15.9 3.9 1.5 : : : : Number of Traders in Each Category Total Traders: 74 : : 28 25 7 4 6 7 7 6 7 6 8 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM WESTERN HUB RT PEAK MINI - ICE FUTURES ENERGY DIV (1 MW per peak hour) : CFTC Code #0643DF Open Interest is 732,406 : : Positions : : 269,836 276,738 4,688 105,460 77,965 76,677 19,198 83,730 57,211 7,873 160,756 : : : : Changes from: September 23, 2025 : : 3,948 11,597 -531 -4,764 8,786 1,122 -5,198 5,687 -3,169 -206 7,178 : : : : Percent of Open Interest Represented by Each Category of Trader : : 36.8 37.8 0.6 14.4 10.6 10.5 2.6 11.4 7.8 1.1 21.9 : : : : Number of Traders in Each Category Total Traders: 134 : : 44 39 6 5 10 20 23 26 18 16 27 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM PSEG DAY-AHEAD PEAK - ICE FUTURES ENERGY DIV 1 MW : CFTC Code #0643DL Open Interest is 6,373 : : Positions : : 4,275 4,025 322 925 868 150 250 100 25 0 25 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.1 63.2 5.1 14.5 13.6 2.4 3.9 1.6 0.4 0.0 0.4 : : : : Number of Traders in Each Category Total Traders: 23 : : 13 6 . . 4 . . . . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM PSEG DA OFF-PK FIXED PRICE - ICE FUTURES ENERGY DIV 1 MW : CFTC Code #0643DM Open Interest is 6,053 : : Positions : : 4,162 3,685 310 762 831 150 250 100 0 25 0 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 68.8 60.9 5.1 12.6 13.7 2.5 4.1 1.7 0.0 0.4 0.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 12 6 . . . . . . 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO ARKANSAS DA PEAK FIXED - ICE FUTURES ENERGY DIV 1 MW : CFTC Code #0643F9 Open Interest is 7,895 : : Positions : : 7,571 4,687 50 2,653 0 0 140 70 40 295 50 : : : : Changes from: September 23, 2025 : : 105 75 0 -10 0 0 0 0 -10 30 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 95.9 59.4 0.6 33.6 0.0 0.0 1.8 0.9 0.5 3.7 0.6 : : : : Number of Traders in Each Category Total Traders: 20 : : 9 9 . . 0 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- CAISO SP-15 PEAK 0900-1600 HE - ICE FUTURES ENERGY DIV 368 MWh : CFTC Code #0643HS Open Interest is 15,070 : : Positions : : 5,470 13,437 5,695 25 125 3,300 280 350 0 673 120 : : : : Changes from: September 23, 2025 : : 215 90 35 0 0 0 100 0 0 60 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 36.3 89.2 37.8 0.2 0.8 21.9 1.9 2.3 0.0 4.5 0.8 : : : : Number of Traders in Each Category Total Traders: 28 : : 9 10 . . . . . . 0 6 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT N 345KV REAL T PK DALY M - ICE FUTURES ENERGY DIV (Contracts of 16 MWh) : CFTC Code #0643IB Open Interest is 7,955 : : Positions : : 4,355 4,760 95 0 100 1,750 995 345 485 1,010 135 : : : : Changes from: September 23, 2025 : : -50 690 -280 0 -25 1,350 535 -260 70 -260 -130 : : : : Percent of Open Interest Represented by Each Category of Trader : : 54.7 59.8 1.2 0.0 1.3 22.0 12.5 4.3 6.1 12.7 1.7 : : : : Number of Traders in Each Category Total Traders: 42 : : 21 20 . 0 . . . . 4 5 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT N 345KV REAL T PK 2x16 - ICE FUTURES ENERGY DIV (1MW for about 352 Hours) : CFTC Code #0643ID Open Interest is 126,508 : : Positions : : 89,070 88,515 14,619 13,916 3,934 4,352 290 3,948 7,573 12,827 2,761 : : : : Changes from: September 23, 2025 : : 870 925 381 395 -10 144 0 56 -20 35 5 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.4 70.0 11.6 11.0 3.1 3.4 0.2 3.1 6.0 10.1 2.2 : : : : Number of Traders in Each Category Total Traders: 55 : : 30 26 . . . 4 . 5 . 7 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT North 345KV Hub RT 7x8 - ICE FUTURES ENERGY DIV (1MW for about 352 Hours) : CFTC Code #0643IK Open Interest is 217,134 : : Positions : : 88,521 130,788 0 44,747 12,882 74,497 1,240 16,128 20,579 7,431 3,829 : : : : Changes from: September 23, 2025 : : -831 6,463 0 -2,074 1,627 4,689 116 489 835 190 -260 : : : : Percent of Open Interest Represented by Each Category of Trader : : 40.8 60.2 0.0 20.6 5.9 34.3 0.6 7.4 9.5 3.4 1.8 : : : : Number of Traders in Each Category Total Traders: 60 : : 29 25 0 5 5 7 . 4 7 4 7 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ISONE.H.INTERNAL_HUB_mo_on_dap - NODAL EXCHANGE (Contracts of 400 MWh) : CFTC Code #064AAA Open Interest is 95,527 : : Positions : : 69,637 73,753 5,394 9,870 1,126 0 480 130 9,804 730 2,435 : : : : Changes from: September 23, 2025 : : 335 1,035 0 -180 91 0 -200 30 320 0 100 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.9 77.2 5.6 10.3 1.2 0.0 0.5 0.1 10.3 0.8 2.5 : : : : Number of Traders in Each Category Total Traders: 31 : : 18 17 . 6 5 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ISONE.H.INTERNAL_HB_mo_off_dap - NODAL EXCHANGE (Contracts of 400 MWh) : CFTC Code #064AAB Open Interest is 87,184 : : Positions : : 62,883 63,176 3,194 9,328 1,240 0 770 55 8,320 1,096 2,664 : : : : Changes from: September 23, 2025 : : 470 1,245 0 -130 35 0 -125 45 520 0 -100 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.1 72.5 3.7 10.7 1.4 0.0 0.9 0.1 9.5 1.3 3.1 : : : : Number of Traders in Each Category Total Traders: 30 : : 15 17 . 6 5 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO.INDIANA.HUB_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064BFI Open Interest is 28,126 : : Positions : : 19,944 20,030 2,783 600 564 0 2,445 0 1,030 0 550 : : : : Changes from: September 23, 2025 : : -120 -520 250 0 -80 0 0 0 -650 0 550 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.9 71.2 9.9 2.1 2.0 0.0 8.7 0.0 3.7 0.0 2.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 15 12 . . . 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO.INDIANA.HUB_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064BFJ Open Interest is 26,447 : : Positions : : 18,395 18,651 2,958 600 375 0 2,300 0 840 0 650 : : : : Changes from: September 23, 2025 : : 370 -80 200 0 -80 0 0 0 -650 0 650 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.6 70.5 11.2 2.3 1.4 0.0 8.7 0.0 3.2 0.0 2.5 : : : : Number of Traders in Each Category Total Traders: 21 : : 14 11 . . . 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.HUD VL_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064CXO Open Interest is 43,352 : : Positions : : 30,629 12,214 1,828 9,647 3,762 1,265 0 350 45 11,881 1,105 : : : : Changes from: September 23, 2025 : : 807 -13 -300 955 -55 325 -100 100 45 35 -90 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.7 28.2 4.2 22.3 8.7 2.9 0.0 0.8 0.1 27.4 2.5 : : : : Number of Traders in Each Category Total Traders: 33 : : 18 14 . 4 5 4 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.HUD VL_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064CXP Open Interest is 40,620 : : Positions : : 29,151 11,259 2,362 9,351 3,158 695 750 350 0 10,723 1,143 : : : : Changes from: September 23, 2025 : : 1,555 735 -751 504 235 275 -150 150 0 -10 -45 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.8 27.7 5.8 23.0 7.8 1.7 1.8 0.9 0.0 26.4 2.8 : : : : Number of Traders in Each Category Total Traders: 32 : : 19 16 4 . 5 . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.N.Y.C._month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064CZS Open Interest is 23,769 : : Positions : : 16,407 17,294 3,252 2,840 1,480 0 0 0 355 0 0 : : : : Changes from: September 23, 2025 : : -80 95 305 0 -98 0 0 0 -130 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.0 72.8 13.7 11.9 6.2 0.0 0.0 0.0 1.5 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 26 : : 11 13 4 . 6 0 0 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.N.Y.C._month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064CZT Open Interest is 22,465 : : Positions : : 15,777 15,880 2,778 3,108 1,572 0 0 0 355 0 0 : : : : Changes from: September 23, 2025 : : -20 155 305 0 -98 0 0 0 -130 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.2 70.7 12.4 13.8 7.0 0.0 0.0 0.0 1.6 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 25 : : 11 13 . . 6 0 0 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.WEST_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DEU Open Interest is 32,426 : : Positions : : 18,777 21,391 4,721 1,710 967 0 3,565 100 3,737 630 2,795 : : : : Changes from: September 23, 2025 : : -65 520 95 -430 265 0 0 0 60 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.9 66.0 14.6 5.3 3.0 0.0 11.0 0.3 11.5 1.9 8.6 : : : : Number of Traders in Each Category Total Traders: 32 : : 15 14 4 . 6 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- NYISO.WEST_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DEV Open Interest is 35,428 : : Positions : : 20,108 26,822 6,173 1,245 847 0 3,430 100 6,190 530 1,125 : : : : Changes from: September 23, 2025 : : -49 296 60 -480 285 0 0 0 45 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 56.8 75.7 17.4 3.5 2.4 0.0 9.7 0.3 17.5 1.5 3.2 : : : : Number of Traders in Each Category Total Traders: 27 : : 14 13 . . 5 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DLQ Open Interest is 37,503 : : Positions : : 25,425 31,577 7,631 2,330 320 2,820 0 0 0 2,361 300 : : : : Changes from: September 23, 2025 : : -120 300 420 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.8 84.2 20.3 6.2 0.9 7.5 0.0 0.0 0.0 6.3 0.8 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 . 4 . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DLR Open Interest is 37,458 : : Positions : : 25,440 31,532 7,631 2,330 320 2,820 0 0 0 2,361 300 : : : : Changes from: September 23, 2025 : : -120 300 420 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.9 84.2 20.4 6.2 0.9 7.5 0.0 0.0 0.0 6.3 0.8 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 . 4 . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP-DAYTON HUB_mo_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DLW Open Interest is 112,991 : : Positions : : 64,462 48,805 19,853 30,079 2,879 1,075 4,350 1,165 952 2,425 4,748 : : : : Changes from: September 23, 2025 : : 10,755 11,345 0 35 250 125 -525 325 -25 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.1 43.2 17.6 26.6 2.5 1.0 3.8 1.0 0.8 2.1 4.2 : : : : Number of Traders in Each Category Total Traders: 35 : : 13 17 . 4 . . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP-DAYTON HUB_mo_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DLX Open Interest is 112,484 : : Positions : : 64,428 50,306 19,561 29,554 2,315 1,330 3,500 1,330 1,087 2,395 4,748 : : : : Changes from: September 23, 2025 : : 9,960 10,785 0 50 250 380 -495 20 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.3 44.7 17.4 26.3 2.1 1.2 3.1 1.2 1.0 2.1 4.2 : : : : Number of Traders in Each Category Total Traders: 35 : : 13 18 . 4 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.BGE_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DPQ Open Interest is 28,303 : : Positions : : 20,640 22,575 2,858 670 741 1,210 50 0 1,470 3,275 319 : : : : Changes from: September 23, 2025 : : 30 -75 -135 0 55 0 0 0 330 300 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.9 79.8 10.1 2.4 2.6 4.3 0.2 0.0 5.2 11.6 1.1 : : : : Number of Traders in Each Category Total Traders: 24 : : 13 5 4 . 5 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.BGE_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DPR Open Interest is 27,750 : : Positions : : 20,015 22,060 2,905 670 660 1,210 50 0 1,470 3,275 319 : : : : Changes from: September 23, 2025 : : 30 -75 -135 0 30 0 0 0 330 300 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.1 79.5 10.5 2.4 2.4 4.4 0.2 0.0 5.3 11.8 1.1 : : : : Number of Traders in Each Category Total Traders: 24 : : 13 5 4 . 5 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.DOM_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DZS Open Interest is 16,740 : : Positions : : 9,630 7,660 895 3,565 2,510 300 0 180 1,875 1,500 0 : : : : Changes from: September 23, 2025 : : 1,250 1,325 0 0 50 90 -10 10 -25 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.5 45.8 5.3 21.3 15.0 1.8 0.0 1.1 11.2 9.0 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 11 9 . 4 4 . 0 . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.DOM_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DZT Open Interest is 16,910 : : Positions : : 9,515 7,925 1,770 4,040 1,885 240 0 205 1,875 1,500 0 : : : : Changes from: September 23, 2025 : : 1,250 1,325 0 0 50 30 -70 65 -25 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 56.3 46.9 10.5 23.9 11.1 1.4 0.0 1.2 11.1 8.9 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 11 8 . . 5 . 0 . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.JCPL_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EJI Open Interest is 41,643 : : Positions : : 30,525 26,358 670 6,202 1,720 3,530 4,425 0 1,975 480 422 : : : : Changes from: September 23, 2025 : : 150 150 -30 -5 0 0 0 0 0 -25 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.3 63.3 1.6 14.9 4.1 8.5 10.6 0.0 4.7 1.2 1.0 : : : : Number of Traders in Each Category Total Traders: 28 : : 14 9 . 5 5 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.JCPL_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EJJ Open Interest is 39,680 : : Positions : : 29,510 24,268 640 6,912 1,510 3,530 4,425 0 1,775 543 340 : : : : Changes from: September 23, 2025 : : 0 0 -30 -5 0 0 0 0 0 -25 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 74.4 61.2 1.6 17.4 3.8 8.9 11.2 0.0 4.5 1.4 0.9 : : : : Number of Traders in Each Category Total Traders: 28 : : 14 9 . 5 4 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.METED_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EOW Open Interest is 26,850 : : Positions : : 23,195 11,915 397 8,750 716 0 2,025 440 0 1,640 535 : : : : Changes from: September 23, 2025 : : 825 305 0 0 -20 0 200 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 86.4 44.4 1.5 32.6 2.7 0.0 7.5 1.6 0.0 6.1 2.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 12 9 . . . 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.METED_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EOX Open Interest is 26,508 : : Positions : : 22,530 11,590 407 8,750 681 0 2,025 440 0 1,570 605 : : : : Changes from: September 23, 2025 : : 510 350 0 0 -15 0 200 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 85.0 43.7 1.5 33.0 2.6 0.0 7.6 1.7 0.0 5.9 2.3 : : : : Number of Traders in Each Category Total Traders: 20 : : 11 9 . . . 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.N ILLINOIS HUB_mo_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064ERM Open Interest is 58,395 : : Positions : : 29,528 45,692 19,781 4,265 1,380 0 465 0 1,239 0 25 : : : : Changes from: September 23, 2025 : : 67 92 0 -25 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 50.6 78.2 33.9 7.3 2.4 0.0 0.8 0.0 2.1 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 29 : : 11 15 4 . 4 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.N ILLINOIS HUB_mo_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064ERN Open Interest is 55,210 : : Positions : : 26,646 42,783 20,309 4,055 1,300 0 465 0 474 0 206 : : : : Changes from: September 23, 2025 : : 97 0 -177 -80 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 48.3 77.5 36.8 7.3 2.4 0.0 0.8 0.0 0.9 0.0 0.4 : : : : Number of Traders in Each Category Total Traders: 27 : : 11 15 4 . 4 0 . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PECO_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EUY Open Interest is 151,664 : : Positions : : 77,812 128,134 14,340 10,805 3,070 3,620 1,285 200 44,310 100 498 : : : : Changes from: September 23, 2025 : : 125 -110 -150 150 65 0 -350 200 -285 0 378 : : : : Percent of Open Interest Represented by Each Category of Trader : : 51.3 84.5 9.5 7.1 2.0 2.4 0.8 0.1 29.2 0.1 0.3 : : : : Number of Traders in Each Category Total Traders: 35 : : 18 13 . . 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PECO_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EUZ Open Interest is 153,728 : : Positions : : 73,718 130,574 14,562 10,790 3,090 3,520 1,130 200 50,555 100 486 : : : : Changes from: September 23, 2025 : : 140 -95 -150 150 65 0 -350 200 -285 0 349 : : : : Percent of Open Interest Represented by Each Category of Trader : : 48.0 84.9 9.5 7.0 2.0 2.3 0.7 0.1 32.9 0.1 0.3 : : : : Number of Traders in Each Category Total Traders: 35 : : 18 14 . 4 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PENELEC_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EVA Open Interest is 28,490 : : Positions : : 5,358 20,402 1,079 6,343 610 1,270 0 0 18,043 0 8 : : : : Changes from: September 23, 2025 : : 0 120 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 18.8 71.6 3.8 22.3 2.1 4.5 0.0 0.0 63.3 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 10 8 . 4 . . 0 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PENELEC_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EVB Open Interest is 28,620 : : Positions : : 5,598 20,507 989 6,343 635 1,270 0 0 18,043 0 8 : : : : Changes from: September 23, 2025 : : 0 120 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 19.6 71.7 3.5 22.2 2.2 4.4 0.0 0.0 63.0 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 10 8 . 4 . . 0 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PEPCO_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EVG Open Interest is 20,175 : : Positions : : 14,795 10,140 725 6,820 370 0 1,970 0 2,935 0 0 : : : : Changes from: September 23, 2025 : : 0 -60 0 60 0 0 240 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.3 50.3 3.6 33.8 1.8 0.0 9.8 0.0 14.5 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 24 : : 14 7 . 4 . 0 . 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PEPCO_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EVH Open Interest is 20,135 : : Positions : : 14,840 10,025 665 6,820 370 0 1,970 0 2,935 0 0 : : : : Changes from: September 23, 2025 : : 0 -60 0 60 0 0 240 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.7 49.8 3.3 33.9 1.8 0.0 9.8 0.0 14.6 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 24 : : 14 7 . 4 . 0 . 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PPL_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EWU Open Interest is 63,571 : : Positions : : 40,826 39,311 16,915 18,115 1,195 665 575 745 300 1,505 265 : : : : Changes from: September 23, 2025 : : 715 550 40 -245 0 -100 350 100 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.2 61.8 26.6 28.5 1.9 1.0 0.9 1.2 0.5 2.4 0.4 : : : : Number of Traders in Each Category Total Traders: 34 : : 19 11 . 5 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PPL_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EWV Open Interest is 64,352 : : Positions : : 41,200 40,551 16,860 18,084 1,220 665 575 745 300 707 510 : : : : Changes from: September 23, 2025 : : 715 550 40 -245 0 -100 350 100 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.0 63.0 26.2 28.1 1.9 1.0 0.9 1.2 0.5 1.1 0.8 : : : : Number of Traders in Each Category Total Traders: 35 : : 19 11 . 5 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PSEG_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EXE Open Interest is 81,192 : : Positions : : 50,588 41,274 5,155 17,373 4,537 2,595 0 300 4,400 4,795 2,135 : : : : Changes from: September 23, 2025 : : -79 -104 30 75 0 0 0 0 0 50 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 62.3 50.8 6.3 21.4 5.6 3.2 0.0 0.4 5.4 5.9 2.6 : : : : Number of Traders in Each Category Total Traders: 33 : : 20 13 . 4 4 . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.PSEG_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064EXF Open Interest is 78,986 : : Positions : : 48,890 39,686 4,477 16,895 4,560 2,595 0 300 4,140 4,225 2,145 : : : : Changes from: September 23, 2025 : : -34 -19 70 75 0 0 0 0 0 50 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.9 50.2 5.7 21.4 5.8 3.3 0.0 0.4 5.2 5.3 2.7 : : : : Number of Traders in Each Category Total Traders: 33 : : 20 13 . . 4 . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.WESTERN HUB_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FHK Open Interest is 278,810 : : Positions : : 192,246 120,645 12,589 25,235 5,708 5,930 1,655 5,005 2,218 66,493 1,645 : : : : Changes from: September 23, 2025 : : 2,098 3,523 -215 30 35 -110 -550 750 25 -15 -90 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.0 43.3 4.5 9.1 2.0 2.1 0.6 1.8 0.8 23.8 0.6 : : : : Number of Traders in Each Category Total Traders: 47 : : 22 27 4 4 6 . . . . 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.WESTERN HUB_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FHL Open Interest is 274,922 : : Positions : : 192,373 113,352 13,104 21,570 4,573 5,750 6,045 3,055 2,203 73,498 1,430 : : : : Changes from: September 23, 2025 : : 1,408 2,768 -215 70 20 40 -400 600 0 -15 -90 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.0 41.2 4.8 7.8 1.7 2.1 2.2 1.1 0.8 26.7 0.5 : : : : Number of Traders in Each Category Total Traders: 47 : : 19 26 4 4 7 . . . . 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- MISO.INDIANA.HUB_month_off_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FJZ Open Interest is 32,618 : : Positions : : 25,232 14,669 1,460 4,753 2,864 1,700 0 0 0 8,620 460 : : : : Changes from: September 23, 2025 : : . . . . . . . . . . . : : : : Percent of Open Interest Represented by Each Category of Trader : : 77.4 45.0 4.5 14.6 8.8 5.2 0.0 0.0 0.0 26.4 1.4 : : : : Number of Traders in Each Category Total Traders: 20 : : 12 12 . . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP-DAYTON HUB_mo_on_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKA Open Interest is 91,340 : : Positions : : 38,892 68,699 7,870 4,525 4,437 1,445 2,940 300 27,535 163 327 : : : : Changes from: September 23, 2025 : : -1,900 -1,880 180 1,215 -461 -50 0 50 1,105 0 -155 : : : : Percent of Open Interest Represented by Each Category of Trader : : 42.6 75.2 8.6 5.0 4.9 1.6 3.2 0.3 30.1 0.2 0.4 : : : : Number of Traders in Each Category Total Traders: 34 : : 18 14 4 4 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.AEP-DAYTON HUB_mo_off_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKB Open Interest is 90,067 : : Positions : : 40,273 68,050 6,470 1,640 6,288 590 3,140 440 25,710 193 475 : : : : Changes from: September 23, 2025 : : -839 -1,104 -1,070 0 490 0 275 -45 1,030 -50 -85 : : : : Percent of Open Interest Represented by Each Category of Trader : : 44.7 75.6 7.2 1.8 7.0 0.7 3.5 0.5 28.5 0.2 0.5 : : : : Number of Traders in Each Category Total Traders: 36 : : 18 17 4 4 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.N ILLINOIS HUB_mo_on_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKC Open Interest is 66,541 : : Positions : : 48,718 51,137 8,443 5,176 3,030 450 775 25 0 635 120 : : : : Changes from: September 23, 2025 : : 1,130 -75 -375 830 505 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.2 76.9 12.7 7.8 4.6 0.7 1.2 0.0 0.0 1.0 0.2 : : : : Number of Traders in Each Category Total Traders: 27 : : 17 13 . . 4 . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.N ILLINOIS HUB_mo_off_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKD Open Interest is 63,502 : : Positions : : 44,320 50,733 8,670 3,116 2,715 1,450 775 225 200 540 120 : : : : Changes from: September 23, 2025 : : 555 72 272 755 -15 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.8 79.9 13.7 4.9 4.3 2.3 1.2 0.4 0.3 0.9 0.2 : : : : Number of Traders in Each Category Total Traders: 26 : : 15 11 4 . 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.WESTERN HUB_month_on_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKE Open Interest is 231,620 : : Positions : : 106,020 150,946 52,887 7,692 12,531 3,130 5,555 2,440 23,497 21,191 1,187 : : : : Changes from: September 23, 2025 : : 599 1,014 2,605 40 192 -300 730 -580 0 1,120 528 : : : : Percent of Open Interest Represented by Each Category of Trader : : 45.8 65.2 22.8 3.3 5.4 1.4 2.4 1.1 10.1 9.1 0.5 : : : : Number of Traders in Each Category Total Traders: 46 : : 24 28 5 . 6 . . . 4 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM.WESTERN HUB_month_off_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FKF Open Interest is 207,685 : : Positions : : 92,698 129,555 43,548 17,512 8,750 4,425 535 3,620 28,726 21,823 1,204 : : : : Changes from: September 23, 2025 : : -319 -169 2,410 810 280 -430 0 130 0 1,020 -39 : : : : Percent of Open Interest Represented by Each Category of Trader : : 44.6 62.4 21.0 8.4 4.2 2.1 0.3 1.7 13.8 10.5 0.6 : : : : Number of Traders in Each Category Total Traders: 46 : : 25 28 . 4 6 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT.HB_NORTH_month_on_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FOK Open Interest is 87,442 : : Positions : : 66,839 53,585 345 12,359 5,040 0 685 90 2,100 2,675 50 : : : : Changes from: September 23, 2025 : : 4,734 3,694 0 900 -300 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 76.4 61.3 0.4 14.1 5.8 0.0 0.8 0.1 2.4 3.1 0.1 : : : : Number of Traders in Each Category Total Traders: 25 : : 14 14 . 5 4 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT.HB_NORTH_month_off_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FOL Open Interest is 82,963 : : Positions : : 68,879 58,075 380 9,924 4,970 100 0 0 0 1,200 0 : : : : Changes from: September 23, 2025 : : 4,200 3,300 0 900 -300 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 83.0 70.0 0.5 12.0 6.0 0.1 0.0 0.0 0.0 1.4 0.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 11 12 . 5 . . 0 0 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT.HB_NORTH_month_7x8_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064GBD Open Interest is 33,850 : : Positions : : 18,040 25,945 3,225 5,100 675 1,200 0 0 8,400 0 0 : : : : Changes from: September 23, 2025 : : 2,100 2,100 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 53.3 76.6 9.5 15.1 2.0 3.5 0.0 0.0 24.8 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 11 8 4 . . . 0 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM DOM ZONE DAY AHEAD PEAK - ICE FUTURES ENERGY DIV 352 MWh : CFTC Code #064IAZ Open Interest is 4,486 : : Positions : : 2,567 1,046 290 1,930 130 1,015 1,355 0 235 0 25 : : : : Changes from: September 23, 2025 : : . . . . . . . . . . . : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.2 23.3 6.5 43.0 2.9 22.6 30.2 0.0 5.2 0.0 0.6 : : : : Number of Traders in Each Category Total Traders: 20 : : 10 6 . . . . . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- PJM DOM ZONE DAY AHEAD OFFPEAK - ICE FUTURES ENERGY DIV 368 MWh : CFTC Code #064IBA Open Interest is 6,646 : : Positions : : 3,887 2,006 865 2,865 395 1,015 1,355 0 235 0 25 : : : : Changes from: September 23, 2025 : : . . . . . . . . . . . : : : : Percent of Open Interest Represented by Each Category of Trader : : 58.5 30.2 13.0 43.1 5.9 15.3 20.4 0.0 3.5 0.0 0.4 : : : : Number of Traders in Each Category Total Traders: 20 : : 10 6 . . . . . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of September 30, 2025 : Reportable Positions : :------------------------------------------------------------------------------------------------------------- : : Producer/Merchant : : : : : Processor/User : Swap Dealers : Managed Money : Other Reportables : : Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading : ---------------------------------------------------------------------------------------------------------------- ERCOT North 345KV Hub RT 7x16 - ICE FUTURES ENERGY DIV (1MW for about 352 Hours) : CFTC Code #064IBM Open Interest is 19,422 : : Positions : : 12,492 12,492 4,230 1,435 1,165 0 1,915 255 350 1,085 890 : : : : Changes from: September 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.3 64.3 21.8 7.4 6.0 0.0 9.9 1.3 1.8 5.6 4.6 : : : : Number of Traders in Each Category Total Traders: 31 : : 18 18 4 . 4 0 . . . . . : ----------------------------------------------------------------------------------------------------------------
Updated November 19, 2025