Exchange and Clearing Transaction Fee Schedule

Updatedon 2022-11-21 2023-01-13

Fee Summary1

FeeGroup Fee per

Cleared Screen

Trade

ClearedBlock

Trade

ClearedEFP

Trade

Settlement orOption

Exercise/Assignment

Power Financial Monthly Futures

PJMWestern Hub Real Time Futures MWh $0.0050 $0.0050 $0.0025

PJMWestern Hub DayAhead Futures MWh $0.0075 $0.0075 $0.0025

AllOther Power Monthly Futures MWh $0.0100 $0.0100 $0.0025

PowerMonthly/Calendar Year Options

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

PJMWESTERN 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

NaturalGasFinancial 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

HenryHubOptions(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 NOX Ozone Season Group 2/Group 3Allowance Futures lot(5t) $5.00 $2.50 $2.50 $5.00

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

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

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

NEPOOLClass 2& Class3 Compliance REC/AECFutures lot(100 MWh) $4.50 $2.50 $2.50 $4.00

NewYork RECTier 1 Futures lot(100 MWh) $4.50 $2.50 $2.50 $4.00

TexasCompliance 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

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

M-RETSCRS Listed WindREC 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(10MWh) $4.50 $2.50 $2.50 $4.00

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

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

RINFutures lot(10,000 RINs) $2.00 $1.00 $1.00 $2.00

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

Environmental Monthly Options

California Carbon AllowanceOptions

 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 NOX Ozone Season Group 2/Group 3 Allowance Options lot(5t) $5.00 $2.50 $5.00

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

PJM Compliance RECOptions lot(100 MWh) $1.75 $1.00 $1.00

NEPOOLClass 1 Compliance REC/AECOptions lot(100 MWh) $3.00 $1.50 $1.00

NEPOOLClass 2& Class3 Compliance REC/AECOptions lot(100 MWh) $4.50 $2.50 $2.50

TexasCompliance REC Options lot(100 MWh) $0.50 $0.25 $0.50

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

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

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

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

RINOptions 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

All trades consist of an "Exchange Execution" fee and "Clearing Registration" Fee. Nodal Clear charges settlement fees for positions held through expiration and

option exercise fee for exercised options.