- Trading Screen Product Name
- Peak Futures (1 MW)
- Trading Screen Hub Name
- ISO-NE Maine DA
- Contract Symbol
IEB
- 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
- Last Trading Day
The last Business Day of the Contract Period
- Final Settlement
Average of Reference Price A Prices
- REFERENCE PRICE A
ELECTRICITY-ISO NEW ENGLAND-MAINE-DAY AHEAD
- a) Ref Price A - Description
"ELECTRICITY-ISO NEW ENGLAND-MAINE-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, which Specified Price will be the Specified Price, stated in U.S. Dollars, published by the ISO New England at http://www.iso-ne.com/markets/hst_rpts/hstRpts.do, or any successor website, under the headings "Hourly Data: Day Ahead LMPs: Locational Marginal Price" for the Location Name ".Z.MAINE", 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
ISO New England
- 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