- Trading Screen Product Name
- Firm-LD ATC
- Trading Screen Hub Name
- ERCOT Houston 345kV Hub
- Commodity Code
- Contract Size
50 MW per hour
US $ and cents per MWH
- Minimum Price Fluctuation
$0.01 per MWh
- Listing Cycle
Up to 60 consecutive daily contract periods
All hours for the applicable strip length referenced by the market
for hours ending 0100-2400 in the central ("CPT") prevailing time
zone, for everyday in the period.
- Last Trading Day
The last business day prior to the delivery period.
- Daily Settlement
Daily settlement will be determined by NGX using price data from a
number of sources including, spot, forward and derivative markets
for both physical and financial products
- Final Settlement
Final settlement will be determined by the actual fixed price
entered into at the time of the transaction.
- Payment Dates
Payment due on the 20th of the month following the Delivery Period
by wire transfer of Federal Funds, unless otherwise stated by a
master agreement between the Buyer and Seller.
- MIC Code
- Clearing Venues