- Trading Screen Product Name
- Off-Peak Futures
- Trading Screen Hub Name
- PJM PSEG Zone DA Off-Peak
- Contract Symbol
PSD
- Settlement Method
Cash settlement
- Contract Size
5 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
38 consecutive daily Contract Periods
- Last Trading Day
The Business Day prior to the Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
ELECTRICITY-PJM-PSEG-DAY AHEAD
- a) Ref Price A - Description
"ELECTRICITY-PJM-PSEG-DAY AHEAD" means that the price for a Pricing Date will be that day's average of the hourly 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/day-ahead.html, under the headings "Daily Day-Ahead Locational Marginal Pricing (LMP): LMP Day-Ahead Data: PSEG" 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 LMPs for all hours ending 0100-0700, 2400 EPT
- d) Ref Price A - Pricing calendar
PJM
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The second Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU