Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 42,267 : : Positions : : 29,259 31,715 5,350 1,627 2,384 2,199 3,753 584 539 294 1,757 : : : : Changes from: December 23, 2025 : : -53 -62 36 -100 100 245 346 -230 -44 0 29 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.2 75.0 12.7 3.8 5.6 5.2 8.9 1.4 1.3 0.7 4.2 : : : : Number of Traders in Each Category Total Traders: 56 : : 24 23 . . 4 4 8 4 6 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 29,677 : : Positions : : 21,144 21,733 2,711 718 2,606 870 2,014 775 731 899 783 : : : : Changes from: December 23, 2025 : : 276 379 50 -15 -2 99 15 33 24 70 -4 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.2 73.2 9.1 2.4 8.8 2.9 6.8 2.6 2.5 3.0 2.6 : : : : Number of Traders in Each Category Total Traders: 41 : : 20 23 4 . . . . 4 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 264,175 : : Positions : : 117,112 143,747 6,990 68,647 9,442 57,876 2,067 14,555 40,716 8,043 16,513 : : : : Changes from: December 23, 2025 : : 759 -94 -67 -14 501 491 -318 41 -1,218 74 -78 : : : : Percent of Open Interest Represented by Each Category of Trader : : 44.3 54.4 2.6 26.0 3.6 21.9 0.8 5.5 15.4 3.0 6.3 : : : : Number of Traders in Each Category Total Traders: 84 : : 34 30 . 6 6 17 5 11 8 9 11 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 101,062 : : Positions : : 68,028 63,678 11,139 18,261 1,813 5,448 7,456 4,966 6,711 2,234 2,555 : : : : Changes from: December 23, 2025 : : 113 1,637 248 70 -16 576 -61 -338 -38 -768 429 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.3 63.0 11.0 18.1 1.8 5.4 7.4 4.9 6.6 2.2 2.5 : : : : Number of Traders in Each Category Total Traders: 67 : : 26 26 4 4 5 6 9 7 6 7 8 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 74,649 : : Positions : : 50,370 35,729 8,418 13,453 4,173 711 11,701 4,090 2,007 719 4,784 : : : : Changes from: December 23, 2025 : : 427 -4 -532 5 24 0 568 35 464 -210 202 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.5 47.9 11.3 18.0 5.6 1.0 15.7 5.5 2.7 1.0 6.4 : : : : Number of Traders in Each Category Total Traders: 50 : : 23 22 4 5 7 . 5 4 6 . 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 63,119 : : Positions : : 32,927 33,912 912 12,617 2,750 922 1,914 8,099 16,404 2,799 763 : : : : Changes from: December 23, 2025 : : -789 388 -2 466 -109 0 -249 0 1,369 32 -3 : : : : Percent of Open Interest Represented by Each Category of Trader : : 52.2 53.7 1.4 20.0 4.4 1.5 3.0 12.8 26.0 4.4 1.2 : : : : Number of Traders in Each Category Total Traders: 41 : : 18 21 . 5 7 . 5 . . 5 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 65,580 : : Positions : : 34,344 31,816 2,257 8,013 5,398 2,948 13,155 2,726 16,191 2,997 1,321 : : : : Changes from: December 23, 2025 : : 311 37 27 1,576 110 -190 284 0 1,592 -5 56 : : : : Percent of Open Interest Represented by Each Category of Trader : : 52.4 48.5 3.4 12.2 8.2 4.5 20.1 4.2 24.7 4.6 2.0 : : : : Number of Traders in Each Category Total Traders: 62 : : 25 27 5 5 7 7 8 6 . 8 6 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 51,018 : : Positions : : 33,965 13,946 5,907 15,748 646 945 4,012 220 7,714 15,110 763 : : : : Changes from: December 23, 2025 : : -33 829 0 171 0 0 326 0 1,395 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 66.6 27.3 11.6 30.9 1.3 1.9 7.9 0.4 15.1 29.6 1.5 : : : : Number of Traders in Each Category Total Traders: 49 : : 23 18 4 5 5 . . . 5 4 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 61,021 : : Positions : : 42,963 19,424 6,827 17,748 518 1,055 5,431 220 8,275 16,264 868 : : : : Changes from: December 23, 2025 : : -470 676 0 310 0 110 42 0 1,450 62 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.4 31.8 11.2 29.1 0.8 1.7 8.9 0.4 13.6 26.7 1.4 : : : : Number of Traders in Each Category Total Traders: 62 : : 28 17 6 5 6 . 5 . 5 7 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 16,135 : : Positions : : 12,681 12,202 791 403 1,781 0 165 275 0 1,065 200 : : : : Changes from: December 23, 2025 : : 60 -10 -10 60 10 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 78.6 75.6 4.9 2.5 11.0 0.0 1.0 1.7 0.0 6.6 1.2 : : : : Number of Traders in Each Category Total Traders: 28 : : 18 13 . . . 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 33,973 : : Positions : : 27,409 17,621 1,319 2,164 3,515 1,340 1,567 15 0 9,071 0 : : : : Changes from: December 23, 2025 : : 20 5 7 -82 58 0 0 0 0 104 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 80.7 51.9 3.9 6.4 10.3 3.9 4.6 0.0 0.0 26.7 0.0 : : : : Number of Traders in Each Category Total Traders: 27 : : 18 13 . 4 5 . . . 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 40,533 : : Positions : : 24,678 30,532 5,077 3,771 3,020 2,171 0 1,200 3,670 1,565 325 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 60.9 75.3 12.5 9.3 7.5 5.4 0.0 3.0 9.1 3.9 0.8 : : : : Number of Traders in Each Category Total Traders: 32 : : 18 11 . . . . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 37,658 : : Positions : : 23,207 28,671 3,541 3,540 3,222 2,171 0 1,200 3,920 700 325 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.6 76.1 9.4 9.4 8.6 5.8 0.0 3.2 10.4 1.9 0.9 : : : : Number of Traders in Each Category Total Traders: 32 : : 18 10 . . . . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 287,668 : : Positions : : 105,874 173,764 18,404 40,997 22,146 74,630 14,480 13,056 39,984 10,818 11,797 : : : : Changes from: December 23, 2025 : : -236 1,024 -23 -903 850 525 -466 108 -589 21 319 : : : : Percent of Open Interest Represented by Each Category of Trader : : 36.8 60.4 6.4 14.3 7.7 25.9 5.0 4.5 13.9 3.8 4.1 : : : : Number of Traders in Each Category Total Traders: 107 : : 37 40 . 6 6 14 15 14 17 8 12 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 30,950 : : Positions : : 23,554 15,291 4,675 10,120 1,583 75 3,325 0 450 0 500 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 76.1 49.4 15.1 32.7 5.1 0.2 10.7 0.0 1.5 0.0 1.6 : : : : Number of Traders in Each Category Total Traders: 26 : : 15 12 . 4 . . . 0 4 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 29,291 : : Positions : : 21,585 14,871 4,675 8,572 1,893 75 3,325 0 450 0 500 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.7 50.8 16.0 29.3 6.5 0.3 11.4 0.0 1.5 0.0 1.7 : : : : Number of Traders in Each Category Total Traders: 26 : : 15 12 . 4 . . . 0 4 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 31,449 : : Positions : : 17,806 24,808 9,708 0 1,842 300 2,837 400 900 1,007 300 : : : : Changes from: December 23, 2025 : : 216 -24 0 0 0 0 0 0 0 240 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 56.6 78.9 30.9 0.0 5.9 1.0 9.0 1.3 2.9 3.2 1.0 : : : : Number of Traders in Each Category Total Traders: 26 : : 14 13 5 0 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 31,340 : : Positions : : 17,864 24,759 9,606 0 1,782 300 2,837 400 900 1,007 300 : : : : Changes from: December 23, 2025 : : 216 -24 0 0 0 0 0 0 0 240 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.0 79.0 30.7 0.0 5.7 1.0 9.1 1.3 2.9 3.2 1.0 : : : : Number of Traders in Each Category Total Traders: 26 : : 14 13 5 0 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 118,603 : : Positions : : 62,809 87,851 23,615 6,775 7,965 15,355 6,385 1,290 4,714 5,921 2,135 : : : : Changes from: December 23, 2025 : : 378 18 200 0 0 0 200 0 -360 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 53.0 74.1 19.9 5.7 6.7 12.9 5.4 1.1 4.0 5.0 1.8 : : : : Number of Traders in Each Category Total Traders: 46 : : 18 23 4 . 5 . 4 . . 7 6 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 17,442 : : Positions : : 14,399 13,246 670 855 1,074 0 725 50 522 1,244 200 : : : : Changes from: December 23, 2025 : : 165 6 -10 139 -5 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 82.6 75.9 3.8 4.9 6.2 0.0 4.2 0.3 3.0 7.1 1.1 : : : : Number of Traders in Each Category Total Traders: 37 : : 22 16 . . . 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 37,289 : : Positions : : 28,309 18,385 2,787 904 3,395 2,052 2,118 0 0 12,213 0 : : : : Changes from: December 23, 2025 : : -30 22 301 -57 2 0 50 0 0 236 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.9 49.3 7.5 2.4 9.1 5.5 5.7 0.0 0.0 32.8 0.0 : : : : Number of Traders in Each Category Total Traders: 32 : : 18 14 4 . 4 . . 0 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 24,860 : : Positions : : 18,803 17,408 3,892 4,993 730 600 640 0 624 615 50 : : : : Changes from: December 23, 2025 : : 57 119 -25 -83 58 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.6 70.0 15.7 20.1 2.9 2.4 2.6 0.0 2.5 2.5 0.2 : : : : Number of Traders in Each Category Total Traders: 33 : : 17 11 . 5 . . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 24,859 : : Positions : : 19,197 19,952 3,288 2,524 911 600 0 0 609 1,044 75 : : : : Changes from: December 23, 2025 : : 280 67 -100 -37 100 0 0 0 -96 54 41 : : : : Percent of Open Interest Represented by Each Category of Trader : : 77.2 80.3 13.2 10.2 3.7 2.4 0.0 0.0 2.4 4.2 0.3 : : : : Number of Traders in Each Category Total Traders: 35 : : 20 16 . 5 4 . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 71,307 : : Positions : : 50,084 51,022 10,270 7,228 2,704 382 4,913 503 3,711 1,514 3,295 : : : : Changes from: December 23, 2025 : : -44 588 -741 164 709 0 -429 20 1,123 15 -103 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.2 71.6 14.4 10.1 3.8 0.5 6.9 0.7 5.2 2.1 4.6 : : : : Number of Traders in Each Category Total Traders: 55 : : 22 20 5 5 6 . 5 4 4 5 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 95,078 : : Positions : : 69,186 70,298 11,624 7,541 2,962 1,887 9,121 1,213 6,418 2,419 1,330 : : : : Changes from: December 23, 2025 : : 420 750 -459 523 405 30 -365 31 1,098 180 -166 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.8 73.9 12.2 7.9 3.1 2.0 9.6 1.3 6.8 2.5 1.4 : : : : Number of Traders in Each Category Total Traders: 71 : : 26 25 6 4 6 8 8 7 5 9 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 47,689 : : Positions : : 29,307 26,270 14,223 606 946 1,611 10,041 547 631 9,000 279 : : : : Changes from: December 23, 2025 : : 525 99 -216 0 0 252 353 -77 -223 -100 239 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.5 55.1 29.8 1.3 2.0 3.4 21.1 1.1 1.3 18.9 0.6 : : : : Number of Traders in Each Category Total Traders: 44 : : 21 15 5 . . . 4 . . 4 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 41,104 : : Positions : : 20,972 24,090 17,014 955 1,622 0 7,991 268 608 5,618 440 : : : : Changes from: December 23, 2025 : : 210 287 -42 0 -60 0 -25 0 0 -90 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 51.0 58.6 41.4 2.3 3.9 0.0 19.4 0.7 1.5 13.7 1.1 : : : : Number of Traders in Each Category Total Traders: 38 : : 16 17 5 . 4 0 4 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 86,383 : : Positions : : 21,889 65,901 3,554 15,220 1,861 51,884 0 3,113 3,457 50 130 : : : : Changes from: December 23, 2025 : : -72 6 -100 -34 15 0 0 0 144 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 25.3 76.3 4.1 17.6 2.2 60.1 0.0 3.6 4.0 0.1 0.2 : : : : Number of Traders in Each Category Total Traders: 36 : : 21 17 . . 5 4 0 . 4 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 72,559 : : Positions : : 37,484 53,094 4,973 14,547 1,521 22,208 550 2,066 3,585 274 143 : : : : Changes from: December 23, 2025 : : -284 255 29 -13 -92 122 -1 25 214 -148 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 51.7 73.2 6.9 20.0 2.1 30.6 0.8 2.8 4.9 0.4 0.2 : : : : Number of Traders in Each Category Total Traders: 36 : : 20 17 4 . 4 4 . 4 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 8,047 : : Positions : : 3,695 5,410 1,744 1,125 573 10 350 50 1,496 0 0 : : : : Changes from: December 23, 2025 : : 150 125 25 50 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 45.9 67.2 21.7 14.0 7.1 0.1 4.3 0.6 18.6 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 23 : : 10 7 . 4 5 . . . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 6,920 : : Positions : : 2,788 4,893 1,799 1,079 408 10 0 50 1,411 0 0 : : : : Changes from: December 23, 2025 : : 125 125 25 25 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 40.3 70.7 26.0 15.6 5.9 0.1 0.0 0.7 20.4 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 20 : : 8 8 4 . 4 . 0 . . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 33,437 : : Positions : : 27,256 23,090 485 3,904 1,824 2,067 1,786 155 25 1,462 968 : : : : Changes from: December 23, 2025 : : 25 -74 -24 10 4 34 20 -4 0 89 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 81.5 69.1 1.5 11.7 5.5 6.2 5.3 0.5 0.1 4.4 2.9 : : : : Number of Traders in Each Category Total Traders: 36 : : 16 16 . 6 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 30,778 : : Positions : : 23,304 21,487 902 5,510 881 2,911 590 847 30 261 793 : : : : Changes from: December 23, 2025 : : 58 54 0 0 0 11 -10 10 -39 31 19 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.7 69.8 2.9 17.9 2.9 9.5 1.9 2.8 0.1 0.8 2.6 : : : : Number of Traders in Each Category Total Traders: 35 : : 17 11 4 4 6 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 26,633 : : Positions : : 20,482 9,725 1,451 7,362 2,096 1,291 6,047 41 0 578 691 : : : : Changes from: December 23, 2025 : : -31 -6 0 44 0 20 -30 0 0 -14 14 : : : : Percent of Open Interest Represented by Each Category of Trader : : 76.9 36.5 5.4 27.6 7.9 4.8 22.7 0.2 0.0 2.2 2.6 : : : : Number of Traders in Each Category Total Traders: 39 : : 18 17 . 6 6 . 4 . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 20,254 : : Positions : : 15,436 8,706 1,169 5,360 2,022 601 2,908 135 156 430 371 : : : : Changes from: December 23, 2025 : : 65 -70 -5 130 0 -10 0 10 10 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 76.2 43.0 5.8 26.5 10.0 3.0 14.4 0.7 0.8 2.1 1.8 : : : : Number of Traders in Each Category Total Traders: 35 : : 16 17 . 6 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 16,370 : : Positions : : 8,722 10,001 4,827 2,943 1,381 0 1,259 436 964 35 15 : : : : Changes from: December 23, 2025 : : 45 -67 0 48 0 0 75 -75 11 0 -36 : : : : Percent of Open Interest Represented by Each Category of Trader : : 53.3 61.1 29.5 18.0 8.4 0.0 7.7 2.7 5.9 0.2 0.1 : : : : Number of Traders in Each Category Total Traders: 34 : : 19 17 4 . . 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 14,718 : : Positions : : 6,853 8,253 6,859 3,626 651 75 2,163 0 70 0 0 : : : : Changes from: December 23, 2025 : : 0 10 10 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 46.6 56.1 46.6 24.6 4.4 0.5 14.7 0.0 0.5 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 31 : : 16 16 . . . . . 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 21,753 : : Positions : : 10,802 7,961 8,124 12,615 312 2,055 0 0 30 590 275 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 49.7 36.6 37.3 58.0 1.4 9.4 0.0 0.0 0.1 2.7 1.3 : : : : Number of Traders in Each Category Total Traders: 25 : : 11 9 4 . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 22,718 : : Positions : : 9,987 6,403 9,001 13,290 310 2,055 0 0 30 590 275 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 44.0 28.2 39.6 58.5 1.4 9.0 0.0 0.0 0.1 2.6 1.2 : : : : Number of Traders in Each Category Total Traders: 23 : : 10 7 4 . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 124,634 : : Positions : : 84,438 90,978 9,062 11,648 4,036 6,174 4,217 1,515 17,875 10,899 1,173 : : : : Changes from: December 23, 2025 : : 1,289 -666 -323 -14 66 -40 181 0 -25 1,400 25 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.7 73.0 7.3 9.3 3.2 5.0 3.4 1.2 14.3 8.7 0.9 : : : : Number of Traders in Each Category Total Traders: 69 : : 31 23 6 4 7 5 5 . 7 7 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 134,042 : : Positions : : 82,515 99,012 13,696 12,538 4,514 7,009 3,411 2,429 22,234 10,760 1,205 : : : : Changes from: December 23, 2025 : : 2,288 765 5 -285 100 -30 101 -25 -229 1,464 77 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.6 73.9 10.2 9.4 3.4 5.2 2.5 1.8 16.6 8.0 0.9 : : : : Number of Traders in Each Category Total Traders: 84 : : 32 24 6 7 6 6 6 . 11 8 6 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 678,575 : : Positions : : 250,829 258,384 524 100,201 47,929 74,421 10,601 96,104 54,760 11,596 152,596 : : : : Changes from: December 23, 2025 : : 123 -3,008 0 817 -243 -2,339 -249 917 135 368 -800 : : : : Percent of Open Interest Represented by Each Category of Trader : : 37.0 38.1 0.1 14.8 7.1 11.0 1.6 14.2 8.1 1.7 22.5 : : : : Number of Traders in Each Category Total Traders: 125 : : 44 38 . 8 9 29 6 23 20 12 22 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 5,267 : : Positions : : 3,337 3,495 588 810 432 500 150 0 100 25 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 63.4 66.4 11.2 15.4 8.2 9.5 2.8 0.0 1.9 0.5 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 9 7 . . . . . 0 . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 5,186 : : Positions : : 3,260 3,394 564 810 452 500 150 0 100 25 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 62.9 65.4 10.9 15.6 8.7 9.6 2.9 0.0 1.9 0.5 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 9 7 . . . . . 0 . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 13,405 : : Positions : : 4,555 12,361 5,320 0 30 3,305 0 150 0 824 30 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 34.0 92.2 39.7 0.0 0.2 24.7 0.0 1.1 0.0 6.1 0.2 : : : : Number of Traders in Each Category Total Traders: 25 : : 9 10 . 0 . . 0 . 0 5 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 (240 MW = 15 Hours X 16 MWh) : CFTC Code #0643IB Open Interest is 11,535 : : Positions : : 5,185 6,150 1,455 0 140 1,230 1,515 790 1,430 1,345 755 : : : : Changes from: December 23, 2025 : : 840 -435 -325 0 60 -415 -130 710 -1,745 -1,480 -385 : : : : Percent of Open Interest Represented by Each Category of Trader : : 45.0 53.3 12.6 0.0 1.2 10.7 13.1 6.8 12.4 11.7 6.5 : : : : Number of Traders in Each Category Total Traders: 49 : : 20 21 . 0 . . 4 . 5 8 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 126,279 : : Positions : : 89,231 86,521 12,515 16,828 3,960 6,252 818 2,590 9,244 13,103 2,043 : : : : Changes from: December 23, 2025 : : 2,088 2,092 -88 -204 -400 205 371 -55 50 -23 31 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.7 68.5 9.9 13.3 3.1 5.0 0.6 2.1 7.3 10.4 1.6 : : : : Number of Traders in Each Category Total Traders: 57 : : 29 26 . . 4 6 . 5 4 6 5 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 210,500 : : Positions : : 85,285 124,711 0 48,430 10,074 73,775 2,392 12,115 23,129 6,977 5,420 : : : : Changes from: December 23, 2025 : : 18 -70 0 67 0 -163 -16 344 6 73 -60 : : : : Percent of Open Interest Represented by Each Category of Trader : : 40.5 59.2 0.0 23.0 4.8 35.0 1.1 5.8 11.0 3.3 2.6 : : : : Number of Traders in Each Category Total Traders: 62 : : 29 25 0 5 4 7 . 5 8 5 9 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 Hub RT 7x8 - ICE FUTURES ENERGY DIV (1MW for about 352 Hours) : CFTC Code #0643IL Open Interest is 16,995 : : Positions : : 12,305 13,550 3,240 1,805 415 725 0 0 300 1,100 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.4 79.7 19.1 10.6 2.4 4.3 0.0 0.0 1.8 6.5 0.0 : : : : Number of Traders in Each Category Total Traders: 24 : : 9 9 . . . . 0 0 . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 100,240 : : Positions : : 73,567 75,527 1,560 7,994 2,047 490 2,630 120 11,611 1,060 2,060 : : : : Changes from: December 23, 2025 : : 355 -635 0 780 -351 0 150 0 -60 0 60 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.4 75.3 1.6 8.0 2.0 0.5 2.6 0.1 11.6 1.1 2.1 : : : : Number of Traders in Each Category Total Traders: 33 : : 16 18 . 6 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 88,617 : : Positions : : 65,457 65,902 0 7,339 3,206 475 1,885 295 10,624 1,403 739 : : : : Changes from: December 23, 2025 : : 290 50 0 180 -120 0 0 0 -60 0 60 : : : : Percent of Open Interest Represented by Each Category of Trader : : 73.9 74.4 0.0 8.3 3.6 0.5 2.1 0.3 12.0 1.6 0.8 : : : : Number of Traders in Each Category Total Traders: 32 : : 16 18 0 7 7 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 24,459 : : Positions : : 17,496 16,037 3,637 770 153 0 2,049 0 0 1,415 660 : : : : Changes from: December 23, 2025 : : 0 0 -50 0 0 0 0 0 0 -50 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.5 65.6 14.9 3.1 0.6 0.0 8.4 0.0 0.0 5.8 2.7 : : : : Number of Traders in Each Category Total Traders: 22 : : 15 12 . . . 0 . 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,034 : : Positions : : 16,646 15,073 3,392 708 120 0 1,895 75 0 1,480 645 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 72.3 65.4 14.7 3.1 0.5 0.0 8.2 0.3 0.0 6.4 2.8 : : : : Number of Traders in Each Category Total Traders: 21 : : 14 11 . . . 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 41,502 : : Positions : : 29,565 9,223 1,220 9,889 3,022 495 280 635 0 12,152 884 : : : : Changes from: December 23, 2025 : : -125 220 0 -645 -10 0 0 0 0 300 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.2 22.2 2.9 23.8 7.3 1.2 0.7 1.5 0.0 29.3 2.1 : : : : Number of Traders in Each Category Total Traders: 34 : : 20 15 . 4 6 . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 37,744 : : Positions : : 28,720 8,765 975 9,645 2,503 495 795 25 0 10,889 762 : : : : Changes from: December 23, 2025 : : -42 153 0 -545 -1 0 0 0 0 350 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 76.1 23.2 2.6 25.6 6.6 1.3 2.1 0.1 0.0 28.8 2.0 : : : : Number of Traders in Each Category Total Traders: 33 : : 18 15 . 4 6 . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,621 : : Positions : : 15,063 16,483 3,930 3,827 1,326 0 0 0 1,160 0 0 : : : : Changes from: December 23, 2025 : : 324 324 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 63.8 69.8 16.6 16.2 5.6 0.0 0.0 0.0 4.9 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 27 : : 9 13 4 . 6 0 0 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 22,127 : : Positions : : 14,385 15,024 3,309 3,522 1,546 0 0 0 850 0 70 : : : : Changes from: December 23, 2025 : : 324 324 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 65.0 67.9 15.0 15.9 7.0 0.0 0.0 0.0 3.8 0.0 0.3 : : : : Number of Traders in Each Category Total Traders: 24 : : 9 12 . . 5 0 0 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 35,717 : : Positions : : 22,461 20,666 3,192 5,680 995 0 3,485 20 4,062 545 3,130 : : : : Changes from: December 23, 2025 : : 0 120 0 -120 120 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 62.9 57.9 8.9 15.9 2.8 0.0 9.8 0.1 11.4 1.5 8.8 : : : : Number of Traders in Each Category Total Traders: 29 : : 13 13 4 . 5 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 37,147 : : Positions : : 22,576 24,690 5,604 4,875 889 0 3,450 20 5,110 570 1,630 : : : : Changes from: December 23, 2025 : : 0 120 0 -120 120 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 60.8 66.5 15.1 13.1 2.4 0.0 9.3 0.1 13.8 1.5 4.4 : : : : Number of Traders in Each Category Total Traders: 29 : : 14 13 4 . . 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 35,254 : : Positions : : 22,560 28,043 8,996 2,120 230 2,460 0 0 0 4,161 300 : : : : Changes from: December 23, 2025 : : 0 0 600 0 0 0 0 0 0 600 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.0 79.5 25.5 6.0 0.7 7.0 0.0 0.0 0.0 11.8 0.9 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 4 4 . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 35,224 : : Positions : : 22,590 28,013 8,996 2,120 230 2,460 0 0 0 4,161 300 : : : : Changes from: December 23, 2025 : : 0 0 600 0 0 0 0 0 0 600 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.1 79.5 25.5 6.0 0.7 7.0 0.0 0.0 0.0 11.8 0.9 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 4 4 . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 114,042 : : Positions : : 67,176 49,959 16,196 29,715 2,395 3,135 7,245 395 3,011 2,050 4,520 : : : : Changes from: December 23, 2025 : : 0 0 0 600 0 0 0 0 600 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 58.9 43.8 14.2 26.1 2.1 2.7 6.4 0.3 2.6 1.8 4.0 : : : : Number of Traders in Each Category Total Traders: 36 : : 13 17 . 4 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 109,676 : : Positions : : 63,005 50,975 16,160 27,869 2,622 3,590 4,570 250 3,193 2,050 4,433 : : : : Changes from: December 23, 2025 : : 0 -400 0 600 0 0 400 0 600 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 57.4 46.5 14.7 25.4 2.4 3.3 4.2 0.2 2.9 1.9 4.0 : : : : Number of Traders in Each Category Total Traders: 36 : : 13 18 . 4 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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.APS_month_on_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DMY Open Interest is 12,837 : : Positions : : 7,797 10,322 1,515 480 45 1,500 0 0 470 1,340 110 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 60.7 80.4 11.8 3.7 0.4 11.7 0.0 0.0 3.7 10.4 0.9 : : : : Number of Traders in Each Category Total Traders: 20 : : 13 6 . . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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.APS_month_off_dap - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064DMZ Open Interest is 12,774 : : Positions : : 7,794 10,319 1,515 480 45 1,500 0 0 470 1,340 110 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.0 80.8 11.9 3.8 0.4 11.7 0.0 0.0 3.7 10.5 0.9 : : : : Number of Traders in Each Category Total Traders: 20 : : 13 6 . . . . 0 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 29,553 : : Positions : : 21,208 23,465 2,220 615 735 1,600 50 0 1,295 2,250 1,058 : : : : Changes from: December 23, 2025 : : 90 0 -30 0 30 0 0 0 0 70 -50 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.8 79.4 7.5 2.1 2.5 5.4 0.2 0.0 4.4 7.6 3.6 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 4 . . 5 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 29,690 : : Positions : : 21,085 23,330 1,950 410 1,010 1,600 50 0 1,295 2,250 1,058 : : : : Changes from: December 23, 2025 : : 100 0 -30 0 30 0 0 0 0 70 -50 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.0 78.6 6.6 1.4 3.4 5.4 0.2 0.0 4.4 7.6 3.6 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 4 4 . 5 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 14,365 : : Positions : : 8,830 5,315 1,715 4,240 895 500 840 260 1,095 1,800 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 20 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 61.5 37.0 11.9 29.5 6.2 3.5 5.8 1.8 7.6 12.5 0.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 12 7 . 4 4 . . . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 14,795 : : Positions : : 8,940 5,535 2,365 4,775 505 500 855 245 1,095 1,800 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 20 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 60.4 37.4 16.0 32.3 3.4 3.4 5.8 1.7 7.4 12.2 0.0 : : : : Number of Traders in Each Category Total Traders: 21 : : 12 7 . . 5 . . . . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 39,364 : : Positions : : 27,855 24,252 1,210 5,848 1,700 3,420 5,225 0 1,845 0 637 : : : : Changes from: December 23, 2025 : : 540 420 0 120 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.8 61.6 3.1 14.9 4.3 8.7 13.3 0.0 4.7 0.0 1.6 : : : : Number of Traders in Each Category Total Traders: 29 : : 14 10 . 5 4 . . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 37,785 : : Positions : : 27,115 22,802 910 5,893 1,770 3,420 5,225 0 1,528 0 652 : : : : Changes from: December 23, 2025 : : 540 420 0 120 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.8 60.3 2.4 15.6 4.7 9.1 13.8 0.0 4.0 0.0 1.7 : : : : Number of Traders in Each Category Total Traders: 29 : : 14 10 . 5 4 . . 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,825 : : Positions : : 19,880 10,865 186 7,175 746 0 2,490 335 590 905 430 : : : : Changes from: December 23, 2025 : : 230 50 -15 165 5 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 83.4 45.6 0.8 30.1 3.1 0.0 10.5 1.4 2.5 3.8 1.8 : : : : Number of Traders in Each Category Total Traders: 25 : : 15 8 . . . 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 24,099 : : Positions : : 20,100 11,130 181 7,185 746 0 2,490 335 590 835 500 : : : : Changes from: December 23, 2025 : : 230 50 -5 175 -15 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 83.4 46.2 0.8 29.8 3.1 0.0 10.3 1.4 2.4 3.5 2.1 : : : : Number of Traders in Each Category Total Traders: 25 : : 15 9 . . . 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 69,070 : : Positions : : 40,605 55,212 19,981 6,328 1,680 0 100 0 1,080 45 0 : : : : Changes from: December 23, 2025 : : 0 375 375 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 58.8 79.9 28.9 9.2 2.4 0.0 0.1 0.0 1.6 0.1 0.0 : : : : Number of Traders in Each Category Total Traders: 29 : : 12 15 5 . 4 0 . 0 . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 65,407 : : Positions : : 38,047 51,949 19,406 5,948 1,570 0 100 0 570 45 0 : : : : Changes from: December 23, 2025 : : 0 375 375 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 58.2 79.4 29.7 9.1 2.4 0.0 0.2 0.0 0.9 0.1 0.0 : : : : Number of Traders in Each Category Total Traders: 28 : : 12 14 5 . 4 0 . 0 . . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 148,917 : : Positions : : 76,825 125,361 12,749 13,560 2,255 2,925 1,525 0 47,800 145 55 : : : : Changes from: December 23, 2025 : : 100 -120 0 420 85 0 0 0 200 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 51.6 84.2 8.6 9.1 1.5 2.0 1.0 0.0 32.1 0.1 0.0 : : : : Number of Traders in Each Category Total Traders: 36 : : 20 12 . . 4 . . 0 . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 151,566 : : Positions : : 72,817 128,264 13,040 13,355 2,475 2,900 1,250 175 53,975 155 48 : : : : Changes from: December 23, 2025 : : 175 -45 0 420 85 0 0 0 200 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 48.0 84.6 8.6 8.8 1.6 1.9 0.8 0.1 35.6 0.1 0.0 : : : : Number of Traders in Each Category Total Traders: 36 : : 20 12 . . 4 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,827 : : Positions : : 5,672 15,706 894 5,882 879 1,020 0 0 13,087 0 300 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 23.8 65.9 3.8 24.7 3.7 4.3 0.0 0.0 54.9 0.0 1.3 : : : : Number of Traders in Each Category Total Traders: 26 : : 12 8 . 4 4 . 0 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,802 : : Positions : : 5,762 15,676 820 5,893 868 1,020 0 0 13,087 0 300 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 24.2 65.9 3.4 24.8 3.6 4.3 0.0 0.0 55.0 0.0 1.3 : : : : Number of Traders in Each Category Total Traders: 25 : : 12 7 . 5 4 . 0 0 . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 24,000 : : Positions : : 16,780 8,380 1,515 4,685 270 1,830 1,980 180 0 5,640 1,445 : : : : Changes from: December 23, 2025 : : 520 -250 -20 0 0 20 0 -20 0 830 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.9 34.9 6.3 19.5 1.1 7.6 8.3 0.8 0.0 23.5 6.0 : : : : Number of Traders in Each Category Total Traders: 27 : : 16 9 . 4 . . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 23,980 : : Positions : : 16,760 8,340 1,500 4,685 270 1,830 1,980 180 0 5,620 1,465 : : : : Changes from: December 23, 2025 : : 520 -250 -20 0 0 20 0 -20 0 830 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.9 34.8 6.3 19.5 1.1 7.6 8.3 0.8 0.0 23.4 6.1 : : : : Number of Traders in Each Category Total Traders: 27 : : 16 9 . 4 . . . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 63,424 : : Positions : : 44,259 39,043 14,185 18,853 780 0 350 1,175 0 1,020 770 : : : : Changes from: December 23, 2025 : : -230 175 165 -90 -15 -40 10 40 0 -200 200 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.8 61.6 22.4 29.7 1.2 0.0 0.6 1.9 0.0 1.6 1.2 : : : : Number of Traders in Each Category Total Traders: 35 : : 19 12 . 6 5 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 64,669 : : Positions : : 44,695 40,778 14,575 18,724 695 0 350 1,175 0 263 1,185 : : : : Changes from: December 23, 2025 : : -200 175 180 -45 0 -40 10 40 0 -200 200 : : : : Percent of Open Interest Represented by Each Category of Trader : : 69.1 63.1 22.5 29.0 1.1 0.0 0.5 1.8 0.0 0.4 1.8 : : : : Number of Traders in Each Category Total Traders: 35 : : 18 12 . 6 5 0 . . 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 82,726 : : Positions : : 55,721 43,780 4,031 18,660 3,513 2,395 0 350 4,240 4,025 2,390 : : : : Changes from: December 23, 2025 : : 470 405 -45 0 105 0 0 0 0 20 -10 : : : : Percent of Open Interest Represented by Each Category of Trader : : 67.4 52.9 4.9 22.6 4.2 2.9 0.0 0.4 5.1 4.9 2.9 : : : : Number of Traders in Each Category Total Traders: 36 : : 20 15 . 4 4 . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 80,127 : : Positions : : 53,531 41,780 3,881 18,510 3,311 2,395 0 350 3,835 3,430 2,510 : : : : Changes from: December 23, 2025 : : 400 355 -45 0 85 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 66.8 52.1 4.8 23.1 4.1 3.0 0.0 0.4 4.8 4.3 3.1 : : : : Number of Traders in Each Category Total Traders: 36 : : 20 15 . 4 4 . 0 . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 266,224 : : Positions : : 182,154 125,101 14,911 25,781 4,104 7,325 0 3,950 2,132 55,397 2,429 : : : : Changes from: December 23, 2025 : : -133 987 790 230 -135 50 0 -20 0 -510 -225 : : : : Percent of Open Interest Represented by Each Category of Trader : : 68.4 47.0 5.6 9.7 1.5 2.8 0.0 1.5 0.8 20.8 0.9 : : : : Number of Traders in Each Category Total Traders: 50 : : 24 28 4 4 7 . 0 . . 5 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 266,109 : : Positions : : 187,585 119,240 15,119 25,131 3,293 5,490 3,370 3,500 2,062 62,207 1,827 : : : : Changes from: December 23, 2025 : : -38 1,102 790 200 -135 20 -30 10 0 -500 -200 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.5 44.8 5.7 9.4 1.2 2.1 1.3 1.3 0.8 23.4 0.7 : : : : Number of Traders in Each Category Total Traders: 49 : : 21 27 4 4 8 . . . 4 4 4 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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_rtp - NODAL EXCHANGE Megawatt Hours (MWh) : CFTC Code #064FJY Open Interest is 34,540 : : Positions : : 24,781 12,334 1,850 8,417 3,758 1,550 130 0 0 7,355 390 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 71.7 35.7 5.4 24.4 10.9 4.5 0.4 0.0 0.0 21.3 1.1 : : : : Number of Traders in Each Category Total Traders: 21 : : 11 11 4 . . . . 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 32,921 : : Positions : : 24,843 13,665 1,973 7,251 3,351 1,550 0 0 0 7,360 115 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 75.5 41.5 6.0 22.0 10.2 4.7 0.0 0.0 0.0 22.4 0.3 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 13 4 . . . 0 0 0 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 91,937 : : Positions : : 40,354 71,293 6,610 3,056 4,147 3,140 1,885 935 26,732 730 28 : : : : Changes from: December 23, 2025 : : -101 199 -300 0 0 -75 0 0 675 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 43.9 77.5 7.2 3.3 4.5 3.4 2.1 1.0 29.1 0.8 0.0 : : : : Number of Traders in Each Category Total Traders: 39 : : 20 19 4 4 7 . . . 4 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 92,338 : : Positions : : 43,469 71,048 5,312 1,148 5,986 745 2,160 1,640 24,965 130 120 : : : : Changes from: December 23, 2025 : : -750 -50 -300 0 0 95 -305 305 600 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 47.1 76.9 5.8 1.2 6.5 0.8 2.3 1.8 27.0 0.1 0.1 : : : : Number of Traders in Each Category Total Traders: 38 : : 17 17 5 . 7 . . . 4 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 75,284 : : Positions : : 53,108 55,485 8,130 6,628 3,425 450 1,070 780 1,535 150 60 : : : : Changes from: December 23, 2025 : : -170 -170 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 70.5 73.7 10.8 8.8 4.5 0.6 1.4 1.0 2.0 0.2 0.1 : : : : Number of Traders in Each Category Total Traders: 28 : : 15 14 . 6 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 71,082 : : Positions : : 45,971 54,483 9,898 4,196 2,787 2,050 945 980 1,555 150 30 : : : : Changes from: December 23, 2025 : : 605 605 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 64.7 76.6 13.9 5.9 3.9 2.9 1.3 1.4 2.2 0.2 0.0 : : : : Number of Traders in Each Category Total Traders: 27 : : 15 12 . 4 5 . . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 241,246 : : Positions : : 107,681 161,727 65,298 6,623 12,500 3,925 6,555 2,320 21,332 23,211 631 : : : : Changes from: December 23, 2025 : : 245 -265 -210 0 -100 25 0 -25 50 375 -50 : : : : Percent of Open Interest Represented by Each Category of Trader : : 44.6 67.0 27.1 2.7 5.2 1.6 2.7 1.0 8.8 9.6 0.3 : : : : Number of Traders in Each Category Total Traders: 49 : : 24 27 6 . 6 . . . 6 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 208,746 : : Positions : : 89,902 128,526 51,095 16,910 8,528 4,640 2,690 1,405 25,266 22,839 1,123 : : : : Changes from: December 23, 2025 : : 406 -1,244 -240 260 0 0 0 0 -900 250 105 : : : : Percent of Open Interest Represented by Each Category of Trader : : 43.1 61.6 24.5 8.1 4.1 2.2 1.3 0.7 12.1 10.9 0.5 : : : : Number of Traders in Each Category Total Traders: 47 : : 24 25 4 . 6 . . . 4 . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 82,434 : : Positions : : 64,058 52,654 1,131 11,365 3,389 0 750 25 2,025 2,450 50 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 77.7 63.9 1.4 13.8 4.1 0.0 0.9 0.0 2.5 3.0 0.1 : : : : Number of Traders in Each Category Total Traders: 26 : : 14 15 . 4 4 0 . . . . . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 81,393 : : Positions : : 68,634 57,785 811 9,110 3,764 25 0 0 0 2,400 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 84.3 71.0 1.0 11.2 4.6 0.0 0.0 0.0 0.0 2.9 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 11 13 . 4 4 . 0 0 0 . 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 31,375 : : Positions : : 17,690 25,220 2,600 4,200 175 550 0 0 8,400 0 0 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 56.4 80.4 8.3 13.4 0.6 1.8 0.0 0.0 26.8 0.0 0.0 : : : : Number of Traders in Each Category Total Traders: 22 : : 12 11 4 . . . 0 0 . 0 0 : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 4,804 : : Positions : : 2,367 1,514 125 1,305 80 620 520 1,300 125 0 75 : : : : Changes from: December 23, 2025 : : -10 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 49.3 31.5 2.6 27.2 1.7 12.9 10.8 27.1 2.6 0.0 1.6 : : : : Number of Traders in Each Category Total Traders: 21 : : 10 5 . . . . . . . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 6,744 : : Positions : : 3,607 2,504 805 2,235 100 620 520 1,300 125 0 75 : : : : Changes from: December 23, 2025 : : -10 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 53.5 37.1 11.9 33.1 1.5 9.2 7.7 19.3 1.9 0.0 1.1 : : : : Number of Traders in Each Category Total Traders: 21 : : 10 5 . . . . . . . 0 . : ---------------------------------------------------------------------------------------------------------------- Disaggregated Commitments of Traders- Options and Futures Combined Positions as of December 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 17,565 : : Positions : : 11,555 11,675 4,020 1,335 775 0 1,845 135 615 1,225 425 : : : : Changes from: December 23, 2025 : : 0 0 0 0 0 0 0 0 0 0 0 : : : : Percent of Open Interest Represented by Each Category of Trader : : 65.8 66.5 22.9 7.6 4.4 0.0 10.5 0.8 3.5 7.0 2.4 : : : : Number of Traders in Each Category Total Traders: 26 : : 15 14 . . 4 0 . . . . . : ----------------------------------------------------------------------------------------------------------------
Updated January 05, 2026