- Trading Screen Product Name
- Firm-LD Dual Peak
- Trading Screen Hub Name
- ERCOT South 345kV Hub HE 0700-1100, 1700-2200
- Contract Symbol
YDR
- Contract Size
50 MW per hour
- Currency
US $ and cents per MWH
- Minimum Price Fluctuation
$0.01 per MWh
- Listing Cycle
Up to 24 consecutive monthly Contract Periods
- Schedule
All peak hours for the applicable strip length referenced by the
market for hours that are hours ending 0700-1100,1700-2200 in the
central ("CPT") prevailing time zone, for Monday thru Friday
weekdays that are non-NERC holidays.
- Last Trading Day
The second to last business day of the month prior to the delivery
month.
- Daily Settlement
Daily settlement will be determined by NGX using price data from a
number of sources including, spot, forward and derivative markets
for both physical and financial products
- Final Settlement
Final settlement will be determined by the actual fixed price
entered into at the time of the transaction.
- Payment Dates
Payment due on the 20th of the month following the Delivery Period
by wire transfer of Federal Funds, unless otherwise stated by a
master agreement between the Buyer and Seller.
- MIC Code
- IEPA
- Clearing Venues
- NGXC