- Trading Screen Product Name
- NGX Fin Off Peak Futures
- Trading Screen Hub Name
- Ontario - OZP DA
- Contract Symbol
XDD
- Settlement Method
Cash settlement with monthly true up
- Contract Size
5 MW per hour
- Currency
CAD
- Minimum Price Fluctuation
0.01
- Listing Cycle
Up to 96 consecutive monthly contract periods
- Last Trading Day
The last business day of the contract period
- Daily Settlement
Daily settlement will be determined by NGX using price data from a
number of sources including, spot, forward and derivative markets
for both physical and financial products
- Final Settlement
Reference Price A
- REFERENCE PRICE A
Ontario Hourly Financial Power Price
- a) Ref Price A - Description
"Ontario Hourly Financial Power Price" 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 CAD
Dollars, published by the IESO at
http://reports.ieso.ca/public/PriceHOEPPredispOR/
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
in the case of a Sunday on and from which time is to be one hour in
advance of eastern standard time (second Sunday in March), the
twenty-three (23) hour period starting at 0000 EPT and ending at
2400 EPT (HE0100 to HE2300 inclusive); ii. in the case of a Sunday
on and from which time is no longer to be one hour in advance of
eastern standard time (first Sunday in November), the twenty-five
(25) hour period starting at 0000 EPT and ending at 2400 EPT
(HE0100 to HE2500 inclusive); iii. for all other Saturdays and
Sundays, the twenty-four (24) hour period starting at 0000 EPT and
ending at 2400 EPT (HE0100 to HE2400 inclusive); iv. for each NERC
Holiday, the twenty-four (24) hour period starting at 0000 EPT and
ending at 2400 EPT (HE0100 to HE2400 inclusive); and v. for each
Monday, Tuesday, Wednesday, Thursday and Friday which is not NERC
Holiday, the seven (7) hour period starting at 0000 EPT and ending
at 0700 EPT (HE0100 to HE0700 inclusive); and the one (1) hour
period starting at 2300 EPT and ending at 2400 EPT (HE2400);
- d) Ref Price A - Pricing calendar
IESO
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
6th Business day following the last day of the Contract Expiry
Month
- MIC Code
- NGXC
- Clearing Venues
- NGXC