Your browser is unsupported

Please visit this URL to review a list of supported browsers.

ICE Futures U.S.

NYISO Zone A Real-Time Peak Daily Fixed Price Future

Description

A daily cash settled Exchange Futures Contract based upon the mathematical average of peak hourly electricity prices published by NYISO for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name
Peak Futures
Trading Screen Hub Name
NYISO A RT
Contract Symbol
NRR
Settlement Method
Cash settlement
Contract Size
800 MWh
Currency
USD
Minimum Price Fluctuation
The price quotation convention shall be one cent ($0.01) per MWh; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle
Up to 38 consecutive daily contract periods
Last Trading Day
The last business day prior to the contract period
Final Settlement
Reference Price A
REFERENCE PRICE A
ELECTRICITY-NYISO-ZONE A (WEST)-REAL TIME
a) Ref Price A - Description
"ELECTRICITY-NYISO-ZONE A (WEST)-REAL TIME" means that the price for a Pricing Date will be that day's Specified Price per MWh of electricity for delivery on the Delivery Date, which Specified Price will be the Specified Price for each hour during the Delivery Period, stated in U.S. Dollars, published by the NYISO at http://www.nyiso.com/oasis/index.html , under the headings "Pricing Data: Real-Time Market LBMP: Zonal: WEST 61752: LBMP ($/MWhr)" or any successor headings, 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 LBMPs for all hours ending 0800-2300 EPT
d) Ref Price A - Pricing calendar
NYISO
e) Ref Price A - Delivery Date
Contract Period
Final Payment Date
The third Clearing Organization business day following the Last Trading Day
MIC Code
IFED
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:00 PM*
19:50 - 18:00
7:40 PM
19:40
London11:50 PM - 10:00 PM*
23:50 - 22:00
11:40 PM
23:40
Singapore7:50 AM - 6:00 AM*
07:50 - 06:00
7:40 AM
07:40

*Next Day

Sunday Pre-Open 5:10 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Pwr East Daily
Physical
NRR
Logical
GMI (FC)
ION A.C.N.
Symbol Code
NRR