- Trading Screen Product Name
- Peak Futures
- Trading Screen Hub Name
- PJM WH RT Cal 1x Mini
- Contract Symbol
PMM
- Settlement Method
Cash settlement
- Contract Size
1 MW
- 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 62 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange
- Last Trading Day
The last Business Day of the Contract Period
- Final Settlement
Average of Reference Price A Prices
- 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://www.pjm.com/markets-and-operations/energy/real-time/lmp.aspx
, under the headings "Daily Real-Time LMP: Daily Real-Time
Locational Marginal Pricing Files: WESTERN HUB" or any successor
headings, that reports prices effective on that 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