- Trading Screen Product Name
- Peak Futures Weekly APO
- Trading Screen Hub Name
- PJM WH RT
- Contract Symbol
PJH
- Settlement Method
Cash settlement
- Contract Size
800 MWh’s multiplied by the number of Peak days in the week
- 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 52 consecutive weekly Contract Periods, or as otherwise
determined by the Exchange
- Last Trading Day
At the end of the Trading Session on the last Business Day of the
Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
ELECTRICITY-PJM-WESTERN HUB-REAL TIME
- a) Ref Price A - Description
“ELECTRICITY-PJM-WESTERN HUB-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, stated in
U.S. Dollars, published by the PJM
http://pjm.com/markets-and-operations/energy/real-time/lmp.aspx ,
under the Headings “Daily Real-Time Locational Marginal
Pricing(LMP): LMP Real-Time Data: WESTERN HUB” or any
successor headings, that reports Prices effective on the 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 0800-2300 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