Commodity Brokerage & Event Contracts.
Greenlight Commodities is an NFA-registered Introducing Broker serving 150+ institutional clients — investment banks, merchants, utilities, and hedge funds. We provide trade execution, liquidity access, and market intelligence across CFTC-covered asset classes, working with top-tier FCMs to deliver best pricing and tailored margin structures.
Trading commodity derivatives and prediction market contracts involves substantial risk of loss and is not appropriate for all market participants.
Volume figures reflect aggregate market activity and do not represent Greenlight's individual volume or imply any individual trading outcome.
Greenlight in the News.
Photo: Following NYC / PexelsCNBC: Kalshi Targets Wall Street as Institutional Interest Grows
In a June 1, 2026 CNBC report on Kalshi's push toward institutional adoption, Greenlight Commodities Director John Conlon described growing interest from institutional participants. CNBC reported that Greenlight brokered the first block trade executed on the platform, between a Texas environmental hedge fund and a market maker.
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Greenlight Commodities Brokers First Institutional Prediction Market Trade
On April 27, 2026, Greenlight Commodities announced that it structured, brokered, and executed an over-the-counter block trade on Kalshi between a Houston-based environmental hedge fund and Jump Trading Group, referencing the outcome of the May 20, 2026 California Air Resources Board Joint Auction #47. The transaction was executed through the established regulatory framework used across wholesale commodities markets, including CFTC oversight and execution via a designated contract market.
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Director John Conlon on CNBC: Oil Market Commentary
Greenlight Commodities Director John Conlon appeared on CNBC on April 7, 2026, discussing signals from the oil market and the possibility of a resolution being reflected in price action. The segment is available on CNBC.com.
Watch the segmentAll third-party coverage links open in a new window. Greenlight Commodities does not endorse or control external content.
Multi-asset commodity brokerage with a focus on the fastest-growing segment in derivatives: Event Contracts.
Execution. Clearing. Intelligence.
Greenlight Commodities provides institutional execution and clearing across traditional commodity markets — power, natural gas, oil, agriculture — alongside Event Contracts. According to the Commodity Futures Trading Commission (CFTC), all derivative products traded on regulated exchanges fall under the Commodity Exchange Act. Greenlight's products are CFTC-regulated and available to Eligible Contract Participants as defined under 7 U.S.C. § 1a(18).
- Trade execution and best-price routing across 10+ CFTC-covered asset categories
- Event Contracts — binary outcomes tied to verifiable events
- Block clearing through top-tier FCM partnerships
- Deep liquidity access and institutional market depth
- Available exclusively to Eligible Contract Participants (ECPs)
"Will ERCOT peak demand exceed 75 GW during Winter Storm [X]?"
Settlement source: ERCOT official grid data — automated, objective, timestamped. T+1 cash settlement upon verification. According to ERCOT, real-time grid data is published continuously and serves as the definitive settlement reference.
Multi-asset class. All CFTC-regulated.
Greenlight is active across every major commodity vertical — from traditional energy and agriculture to Event Contracts and compute derivatives. All products regulated under the Commodity Exchange Act.
Event Contracts
Binary Contracts on Verifiable Events
Our primary focus. Cash-settled contracts that pay $1 if a defined event occurs, $0 if it doesn't. The fastest-growing segment in CFTC-regulated derivatives.
- Energy, weather, and climate event contracts
- Economic data release outcomes (CPI, NFP, GDP)
- Regulatory and policy decision outcomes
- Custom bilateral structures under ISDA
- Retail and institutional distribution
Energy & Power
All ISOs · Power · Gas · Renewables · Environmental
Comprehensive coverage across wholesale and retail power markets, structured hedges, PPAs, insurance-related products, and environmental commodities.
- ERCOT, PJM, CAISO, NEPOOL, MISO, SPP, NYISO — all ISOs
- Power futures, index, physical & financial settlements
- Wholesale & retail power — load serving & supply
- Covered swaps, PPAs & structured hedges
- Natural gas physical & financial execution
- Renewable energy certificates — Green-e, all vintages
- Insurance-related weather & catastrophe products
- Battery storage (BESS) — interconnection, tariffs, IRA
Oil & Petroleum
Crude, Refined Products & NGLs
Execution and clearing across the petroleum complex — WTI, Brent, RBOB, ULSD, and NGL derivatives on ICE and NYMEX.
- WTI & Brent crude oil swaps and futures
- RBOB gasoline and ULSD heating oil
- Crack spread and calendar spread execution
- NGL and condensate derivatives
Financial & Macro
Equity, Fixed Income, FX & Credit
Isolate discrete event risk from portfolio noise. Event Contracts and traditional derivatives for equity, rates, macro, and credit desks.
- M&A, FDA, and governance event hedges
- FOMC, CPI, and NFP rate decision contracts
- FX tail risk — ECB, BoJ, BoE catalysts
- Banking credit and RWA optimization
Agriculture & Industry
Ag Commodities, Airlines, Maritime & More
Traditional commodity execution alongside Event Contracts for industrial and agricultural risk managers.
- Grain, livestock, and soft commodity execution
- Jet fuel EIA threshold & load factor contracts
- Canal draft, port congestion, labor agreements
- Regulatory, judicial & political event hedges
AI & Compute Infrastructure
GPU Compute Price Swaps — H100, B200, HBM3
Cash-settled OTC swaps referencing independently administered GPU rental price indices. Hedge compute cost exposure without physical delivery.
- NVIDIA H100 — Silicon Data SDH100RT Index
- NVIDIA B200 — Silicon Data SDB200RT Index
- HBM3 Memory — Silicon Data SDHBM3RT Index
Institutional-grade execution. Multi-asset expertise.
Greenlight Commodities LLC is an NFA-registered Introducing Broker providing execution, clearing, and market intelligence across energy, agriculture, financial derivatives, and Event Contracts. The firm covers all major ISOs — ERCOT, PJM, CAISO, NEPOOL, MISO, SPP, and NYISO — alongside oil, natural gas, environmental products, and AI compute derivatives. According to the National Futures Association, introducing brokers must maintain registration and compliance standards that protect institutional market participants. All products are regulated by the CFTC under the Commodity Exchange Act and cleared through exchanges including Kalshi, ICE, Nodal Exchange, CME, and ClearPort.
Greenlight serves 150+ institutional clients spanning large investment banks, merchants, utilities, and hedge funds. The firm works with top-tier FCMs to secure best pricing, structure collateral, and tailor margin arrangements to fit each client's requirements. The brokerage team includes Series 3 licensed professionals with deep experience in OTC and exchange-traded commodity derivatives.
Last updated: April 2026
Trade Execution
Direct market access and best execution across commodities, Event Contracts, and OTC derivatives.
Liquidity Access
Top-tier FCM relationships providing broad market depth across all CFTC-regulated venues.
Market Intelligence
Factual market context and structural analysis across energy, ag, and event markets.
Block Clearing
Top-tier FCM partnerships for efficient block trade clearing and settlement.
Frequently asked questions.
Regulatory & Industry Updates.
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Speak with a licensed broker.
Greenlight brokers commodity derivatives and prediction market contracts for eligible contract participants. Contact a licensed Series 3 broker to discuss execution, clearing, and market access.
Trading commodity derivatives and prediction market contracts involves substantial risk of loss. For eligible contract participants only.