- Trading Screen Product Name
- Peak Futures (1 MW)
- Trading Screen Hub Name
- SPP South DA
- Contract Symbol
FSP
- Settlement Method
Cash settlement
- Contract Size
1 MW
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per MWh; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 50 consecutive monthly Contract Periods or as otherwise
determined by the exchange.
- Last Trading Day
The last Business Day of the Contract Period
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
ELECTRICITY-SPP- SOUTH HUB-DAY AHEAD
- a) Ref Price A - Description
" ELECTRICITY-SPP- SOUTH HUB-DAY AHEAD " 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 SPP at
https://marketplace.spp.org/web/guest/lmp-by-location under the
headings "Marketplace Portal " 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 0700-2200 CPT
- d) Ref Price A - Pricing calendar
SPP
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The fifth Clearing Organization business day following the Last
Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU