PJM PSEG Zone Bal-Day Financial Peak (bilateral)1109
ICE OTC
PJM PSEG Zone Bal-Day Financial Peak (bilateral)
Description
Bilaterally traded Financial Peak Power
Market Specifications
- Trading Screen Product Name
- Fin Swap-Peak
- Trading Screen Hub Name
- PJM PSEG Zone RT
- Trading Hours
- 24 x 7
- Schedule
- Monday - Friday HE 08:00 - HE 23:00 EPT Excluding NERC Holidays
- Unit of Trading
- Contract Size multiplied by the number of peak days in the period traded. For example in a 21 peak day month, such as August 2003, the unit of trading will be 21 x 800 or 16,800 Mwh. This will be expressed as 21 "lots".
- Currency
- US $ and cents per MWH
- Minimum Tick
- 0.05 per MWH
- Last Trading Day
- Two business days prior to the contract month.
- Settlement
- Cash Settled in USD.
- Settlement Date
- Each pricing day during a Determination Period.
- Payment Dates
- Ten (10) New York Business Days of the month following the Determination Period via wire transfer of Federal Funds.
- MIC Code
- IEPA
- Clearing Venues
Related Products
Codes
- Clearing Admin Name
- Physical
- Logical
- GMI (FC)
- ION A.C.N.
- Symbol Code