- Trading Screen Product Name
- Peak Futures
- Trading Screen Hub Name
- NP15 FMM
- Contract Symbol
CIP
- Settlement Method
Cash settlement
- Contract Size
400 MWh
- 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 365 consecutive daily contract periods
- Last Trading Day
Six business days following the nominal contract day
- Final Settlement
Reference Price A
- REFERENCE PRICE A
ELECTRICITY-CAISO-NP15-FMM
- a) Ref Price A - Description
" ELECTRICITY-CAISO-NP15-FMM " 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 California ISO at http://oasis.caiso.com/mrioasis/logon.do ,
under the headings "Prices: FMM Locational Marginal Prices:
P/APNode ID: TH_NP15_GEN-APND ‘ that reports prices effective
on that Pricing Date.
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
Average of LMPs for all hours ending 0700-2200 PPT
- d) Ref Price A - Pricing calendar
CAISO
- 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