- Trading Screen Product Name
- Firm-LD Off-Peak
- Trading Screen Hub Name
- ERCOT North 345kV Hub Off-Peak Wknd
- Contract Symbol
XON
- Contract Size
50 MW per hour
- Currency
US $ and cents per MWH
- Minimum Price Fluctuation
0.01 per MMBTU/MWh
- Listing Cycle
Up to 60 consecutive monthly Contract Periods
- Schedule
All off-peak hours for the applicable strip length referenced by
the market for hours ending 0700-2200 in the central ("CPT")
prevailing time zone, for Saturday, Sunday and NERC holidays
- 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
- IEPA
- Clearing Venues
- NGXC