- Trading Screen Product Name
- Daily Load Futures
- Trading Screen Hub Name
- ERCOT ISO DL
- Contract Symbol
EDF
- Settlement Method
Cash settlement
- Contract Size
1 USD
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be 1 MW per 1 USD; minimum
price fluctuation may vary by trade type. Please see Table in
Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 365 consecutive daily Contract Periods, or as otherwise
determined by the Exchange.
- Last Trading Day
For Contract Periods that fall on a Business Day where the
following calendar day is also a Business Day, one Business Day
following the Contract Period with a closing time of 11pm EPT the
night before; For Contract Periods that fall on a Business Day
where the following calendar day is not a Business day, the
Business Day equal to the Contract Period with a closing time equal
to the end of the Trading Session; For Contract Periods that do not
fall on a Business Day, one Business Day prior to the Contract
Period with a closing time equal to the end of the Trading Session.
- Final Settlement
Final Reference Price A Price
- REFERENCE PRICE A
The maximum hourly load in the entire ERCOT system during the
specified Contract Period.
- a) Ref Price A - Description
Hourly Load is calculated as the sum of the regional load values
reported by ERCOT. “Hourly Load” means; Integrated
Hourly Loads which are calculated for each ERCOT Region. This
system-wide load is reported on the ERCOT website at
http://www.ercot.com/content/cdr/html/actual_loads_of_weather_zones
.
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
The maximum Hourly Load, rounded to the nearest whole MW in the
entire ERCOT system for the specified operating day that is the
contract day.
- d) Ref Price A - Pricing calendar
ERCOT
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
For Contract Periods that fall on a Business Day where the
following calendar day is also a Business Day, four Business Days
following the Last Trade Date; for all other Contract Periods, five
Business Days following the Last Trade Date.
- MIC Code
- IFED
- Clearing Venues
- ICEU