NYISO Lower Hudson Valley Capacity Fixed Price Future57250519
ICE Futures U.S.
NYISO Lower Hudson Valley Capacity Fixed Price Future
Description
A monthly cash settled Exchange Futures Contract based upon the Spot Market Auction Results-UCAP for the area labeled G-J Locality (Lower Hudson Valley) prices published by NYISO for the location specified in Reference Price A.
Market Specifications
- Trading Screen Product Name
- Capacity Futures
- Trading Screen Hub Name
- NYISO Lower Hudson Valley
- Contract Symbol
- NYU
- Settlement Method
- Cash settlement
- Contract Size
- 1000 KW
- Currency
- USD
- Minimum Price Fluctuation
- The price quotation convention shall be One cent ($0.01) per KW; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
- Up to 24 months or as otherwise determined by the Exchange
- Last Trading Day
- At 5pm EPT, on the second business day prior to the contract period, or as otherwise published by the ICAP Event Calendar at http://icap.nyiso.com/ucap/public/evt_calendar_display.do
- Final Settlement
- Reference Price A
- REFERENCE PRICE A
- CAPACITY- NYISO-G-J LOCALITY-SPOT MARKET AUCTION RESULTS-UCAP
- a) Ref Price A - Description
- "CAPACITY- NYISO-G-J LOCALITY-SPOT MARKET AUCTION RESULTS-UCAP " means that the price for a Pricing Date will be that day's Specified Price per KW of capacity for delivery on the Delivery Date, during the Delivery Period, stated in U.S. Dollars, published by the NYISO at http://icap.nyiso.com/ucap/public/auc_view_spot_detail.do under the headings "View Spot Auction Summary: G-J Locality Price($/KW)" or any successor headings, that reports prices effective on that Pricing Date.
- b) Ref Price A - Pricing Date
- 2 business days prior to the first calendar day of the contract period.
- c) Ref Price A - Specified Price
- Monthly Spot Auction Summary price for G-J Locality
- d) Ref Price A - Pricing calendar
- NYISO
- e) Ref Price A - Delivery Date
- Contract Period
- Final Payment Date
- The fifth 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 | 7:50 AM - 6:00 AM* 07:50 - 06:00 | 7:40 AM 07:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- NYISO NY 1000KW
- Physical
- NYU
- Logical
- NYU
- GMI (FC)
- @F
- ION A.C.N.
- Symbol Code
- NYU