- Trading Screen Product Name
- Fin Swap-Peak
- Trading Screen Hub Name
- PJM PEPCO RT
- Rule Number
1362
- Settlement Method
Cash settlement
- Contract Size
800 MWh
- Currency
USD
- Trading Price Quotation
0.05
- Listing Cycle
Up to 365 consecutive daily Contract Periods, or as otherwise determined by the SEF
- Last Trading Day
For Monday through Friday Contract Periods, or as otherwise determined by the SEF, excluding NERC holidays, if the following calendar day is a Business Day, the Business Day following the Contract Period with a closing time of 11:00pm EPT the night before; If 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 each Saturday, Sunday, and NERC holiday Contract Period, the last Business Day prior to the Contract Period with a closing time equal to the end of the Trading Session.
- Final Settlement
Average of Reference Price A Prices
- REFERENCE PRICE A
ELECTRICITY-PJM-PEPCO-REAL TIME
- a) Ref Price A - Description
"ELECTRICITY-PJM-PEPCO-REAL TIME" means that the price for a
Pricing Date will be that day's Specified Price per MWh of
electricity for delivery on the Delivery Date, stated in U.S.
Dollars, published by the PJM at
http://www.pjm.com/markets/energy-market/real-time.html, under the
headings "Daily Real-Time LMP: Daily Real-Time Locational Marginal
Pricing Files: PEPCO" or any successor headings, that reports
prices effective on that Pricing Date.
- b) Ref Price A - Pricing Date
Each Monday through Friday, excluding NERC holidays, that prices
are reported for the Delivery Date
- c) Ref Price A - Specified Price
Average of LMPs for all hours ending 0800-2300 EPT
- d) Ref Price A - Pricing calendar
PJM
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
Ten (10) New York Business Days of the month following the Contract Period via wire transfer of Federal Funds.
- Other Terms
To be confirmed directly between the parties in their full form of contract. The terms reflected in such contracts shall be controlling.
- MIC Code
- ICES
- Clearing Venues
- IEPA