Exchange and Clearing TransactionFee Schedule

Updatedon 2023-08-112024-02-06

Fee Summary1

FeeGroup Fee per

ClearedScreen

Trade

Cleared

Block,

EFS/EFR

Trade

ClearedEFP

Trade

SettlementorOption

Exercise/Assignment

Power Financial Monthly Futures

PJM Western Hub Real Time Futures MWh $0.0050 $0.0050 $0.0025

PJM Western Hub Day Ahead Futures MWh $0.0075 $0.0075 $0.0025

AllOther Power Monthly Futures MWh $0.0100 $0.0100 $0.0025

Power Monthly/Calendar Year Options

PJMWESTERN HUB Monthly Real TimeOn-Peak Option MWh $0.0050 $0.0050 $0.0000

PJM WESTERN HUB Calendar Year Real TimeOn-Peak Option MWh $0.0030 $0.0030 $0.0000

AllOther Power Monthly/Calendar Options MWh $0.0075 $0.0075 $0.0000

NaturalGas Financial Monthly Futures

Henry Hub Futures(2,500 MMBtu) lot(2,500 MMBtu) $0.40 $0.40 $0.40 $0.10

HenryHub Futures(10,000 MMBtu) lot (10,000 MMBtu) $1.30 $1.30 $1.30 $0.40

NaturalGas Monthly Options

Henry Hub Options(2,500 MMBtu) lot(2,500 MMBtu) $0.45 $0.45 $0.25

Henry Hub Options (10,000 MMBtu) lot (10,000 MMBtu) $1.50 $1.50 $1.00

Environmental Physical Monthly Futures

California Carbon Allowance/Offset Futures

Washington Carbon Allowance Futures

lot(1,000 t)

lot(1,000 t)

$4.50

$4.50

$2.50

$2.50

$2.50

$2.50

$4.00

$4.00

RGGI Carbon Allowance Futures lot (1,000 t) $1.75 $1.00 $1.00 $2.00

VER / GER / Carbon Removal Futures lot(1,000 t) $10.00 $5.00 $5.00 $5.00

Certified Emission Reduction Futures lot(1,000 t) $5.00 $2.50 $2.50 $2.00

CSAPR NOXOzone Season Group 2 Allowance Futures lot(1 t) $5.00 $2.50 $2.50 $5.00

CSAPR NOXOzone Season Group 3 Allowance Futures lot (1 t) $10.00 $5.00 $5.00 $5.00

California PCC 3 REC Futures lot(100 MWh) $1.75 $1.00 $1.00 $1.75

PJM Compliance REC/AEC Futures lot(100 MWh) $1.75 $1.00 $1.00 $1.75

NEPOOL Class 1 Compliance REC/AEC Futures lot(100 MWh) $3.00 $1.50 $1.50 $2.50

NEPOOL Class 2& Class 3 Compliance REC/AEC Futures lot(100 MWh) $4.50 $2.50 $2.50 $4.00

New York REC Tier 1 Futures lot(100 MWh) $4.50 $2.50 $2.50 $4.00

Texas Compliance REC Futures lot(100 MWh) $0.50 $0.25 $0.25 $0.50

Texas CRS Listed Solar &Texas CRS Listed REC Futures lot (1,000 MWh) $5.00 $2.50 $2.50 $5.00

NAR CRS Listed Solar&NAR CRS Listed Wind REC Futures lot (1,000 MWh) $5.00 $2.50 $2.50 $5.00

M-RETS CRS Listed Wind REC Futures lot (1,000 MWh) $5.00 $2.50 $2.50 $5.00

WREGIS CRS Listed Wind REC Futures lot (1,000 MWh) $5.00 $2.50 $2.50 $5.00

National CRS Listed Wind REC Futures lot (1,000 MWh) $5.00 $2.50 $2.50 $5.00

NewJersey Solar,Massachusetts Solar&D.C. Solar RECFutures lot(10 MWh) $4.50 $2.50 $2.50 $4.00

Pennsylvania Solar AEC& Maryland Solar REC& Ohio SolarREC Futures lot(10 MWh) $0.50 $0.25 $0.25 $0.50

California LCFS,Oregon CFP and Washington CFP Credits Futures lot(100 Credits) $4.50 $2.50 $2.50 $4.00

RIN Futures lot (10,000 RINs) $2.00 $1.00 $1.00 $2.00

RenewableNatural Gas Certificate Futures lot(1,000 dth) $15.00 $10.00 $10.00 $15.00

Environmental Monthly Options

California Carbon Allowance Options

Washington Carbon Allowance Options

RGGI Carbon Allowance Options

lot(1,000 t)

lot(1,000 t)

lot(1,000 t)

$4.50

$4.50

$1.75

$2.50

$2.50

$1.00

$2.00

$2.00

$2.00

Verified Emission Reduction Options lot(1,000 t) $10.00 $5.00 $5.00

CSAPR NOXOzone Season Group 2 Allowance Options lot(1 t) $5.00 $2.50 $5.00

CSAPR NOXOzone Season Group 3 Allowance Options lot(1 t) $10.00 $5.00 $5.00

All other CSAPR SO2/NOX Emission AllowanceOptions lot(25 t) $1.50 $0.75 $1.00

PJM Compliance REC Options lot(100 MWh) $1.75 $1.00 $1.00

NEPOOL Class 1 Compliance REC/AEC Options lot(100 MWh) $3.00 $1.50 $1.00

NEPOOL Class 2 & Class 3 Compliance REC/AEC Options lot(100 MWh) $4.50 $2.50 $2.50

Texas Compliance REC Options lot(100 MWh) $0.50 $0.25 $0.50

TexasCRS listed RECOptions lot(1,000 MWh) $5.00 $2.50 $2.00

NewJersey Solar,Massachusetts Solar&D.C. Solar RECOptions lot(10 MWh) $4.50 $2.50 $2.50

PennsylvaniaSolar AEC& Maryland Solar RECOptions lot(10 MWh) $0.50 $0.25 $0.50

California LCFS and Oregon CFP Credit Options lot(100 Credits) $4.50 $2.50 $2.00

RIN Options lot(10,000 RINs) $2.00 $1.00 $2.00

Notes

1. Thisfee schedule is a summary of fees and for power has been normalized on per MWh basis. Power offpeak monthly power futures' trade and settlement fees

average $0.0001/MWh less than the listed fees. Nodal charges fees per lot, the per lot fee for each contract by fee type and trade type can be found in the "All
Nodal Exchange Contracts" at https://www.nodalexchange.com/files/autogenerated/Nodal_Exchange_Contracts.CSV

Alltrades consist of an "Exchange Execution" fee and "Clearing Registration" Fee.Nodal Clear chargessettlementfeesfor positions held through expiration and option 

exercise fee for exercised options.