- Trading Screen Product Name
- Peak Futures
- Trading Screen Hub Name
- PJM WH RT (16 MWh)
- Contract Symbol
PWA
- Settlement Method
Cash settlement
- Contract Size
16 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, or as otherwise
determined by the Exchange
- Last Trading Day
For Monday through Friday Contract Periods, excluding NERC
holidays, if the following calendar day is a Business Day, the
Business Day following the Contract Period with a closing time of
11:00pm EPT the night before; If the following calendar day is not
a Business Day, the Business Day equal to the Contract Period with
a closing time equal to the end of the Trading Session For each
Saturday, Sunday, and NERC holiday Contract Period, the last
Business Day prior to the Contract Period with a closing time equal
to the end of the Trading Session.
- 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 at
http://dataminer2.pjm.com/feed/rt_hrl_lmps/definition under the
headings "Locational Marginal Prices: Real-Time Hourly LMPS:
WESTERN HUB" 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 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