- Trading Screen Product Name
- Off-Peak Futures (1 MW)
- Trading Screen Hub Name
- PJM DAY DA Off-Peak
- Contract Symbol
DCO
- 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 50 consecutive monthly contract periods, or as otherwise
determined by the Exchange
- Last Trading Day
The last Business Day of the Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
ELECTRICITY-PJM-DAY-DAY AHEAD
- a) Ref Price A - Description
"ELECTRICITY-PJM-DAY-DAY AHEAD" 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
PJM at
http://www.pjm.com/markets-and-operations/energy/day-ahead/lmpda.aspx,
under the headings "Daily Day-Ahead LMP: DAY" 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
For each Monday through Friday, excluding NERC holidays, the
average of LMPs for all hours ending 0100-0700, 2400 EPT; for each
Saturday, Sunday, and NERC holiday, the average of LMPs for all
hours ending 0100-2400 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