MISO Indiana Hub Day-Ahead Peak Daily Fixed Price Future6590464
ICE Futures U.S.
MISO Indiana Hub Day-Ahead 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 MISO for the location specified in Reference Price A.
Market Specifications
- Trading Screen Product Name
- Peak Futures
- Trading Screen Hub Name
- Indiana Hub DA (Daily)
- Contract Symbol
- MDA
- 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 365 consecutive daily Contract Periods, or as otherwise determined by the Exchange.
- Last Trading Day
- The last Business Day prior to the Contract Period
- Final Settlement
- Reference Price A
- REFERENCE PRICE A
- ELECTRICITY-MISO-INDIANA HUB-DAY AHEAD
- a) Ref Price A - Description
- "ELECTRICITY-MISO-INDIANA HUB-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 the MISO at https://www.midwestiso.org/Library/MarketReports/Pages/MarketReports.aspx, under the headings "Library: Market Reports" 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 LMPs for all hours ending 0800-2300 EPT
- d) Ref Price A - Pricing calendar
- MISO
- 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
- MDA
- Logical
- MDA
- GMI (FC)
- YB
- ION A.C.N.
- QM59
- Symbol Code
- MDA