NYISO Zone G Real-Time Peak Daily Fixed Price Future42944107
ICE Futures U.S.
NYISO Zone G Real-Time Peak Daily Fixed Price Future
Description
A daily cash settled Exchange Futures Contract based upon the mathematical average of peak hourly electricity prices published by NYISO for the location specified in Reference Price A.
Market Specifications
- Trading Screen Product Name
- Peak Futures
- Trading Screen Hub Name
- NYISO G RT
- Contract Symbol
- NRN
- Settlement Method
- Cash settlement
- Contract Size
- 800 MWh
- Currency
- USD
- Minimum Price Fluctuation
- The price quotation convention shall be one cent ($0.01) per MWh; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
- Up to 38 consecutive daily contract periods
- Last Trading Day
- The last business day prior to the contract period
- Final Settlement
- Reference Price A
- REFERENCE PRICE A
- ELECTRICITY-NYISO-ZONE G (HUD VL)-REAL TIME
- a) Ref Price A - Description
- "ELECTRICITY-NYISO-ZONE G (HUD VL)-REAL TIME" means that the price for a Pricing Date will be that day's Specified Price per MWh of electricity for delivery on the Delivery Date, which Specified Price will be the Specified Price for each hour during the Delivery Period, stated in U.S. Dollars, published by the NYISO at http://www.nyiso.com/oasis/index.html, under the headings " Pricing Data: Real-Time Market LBMP: Zonal: HUD VL 61758: LBMP ($/MWhr)" 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 LBMPs for all hours ending 0800-2300 EPT
- d) Ref Price A - Pricing calendar
- NYISO
- e) Ref Price A - Delivery Date
- Contract Period
- Final Payment Date
- The third Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Pwr East Daily
- Physical
- NRN
- Logical
- NRN
- GMI (FC)
- :I
- ION A.C.N.
- Symbol Code
- NRN