- Trading Screen Product Name
- Peak Futures (1 MW)
- Trading Screen Hub Name
- ERCOT Houston 345KV Hub RT 2 X 16
- Contract Symbol
EDB
- 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-ERCOT-HOUSTON 345KV HUB-REAL TIME
- a) Ref Price A - Description
"ELECTRICITY-ERCOT-HOUSTON 345KV HUB REAL TIME" 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 ERCOT at
http://www.ercot.com/content/cdr/html/real_time_spp
- b) Ref Price A - Pricing Date
Each Saturday, Sunday, and all NERC holidays, that prices are
reported for the Delivery Date
- c) Ref Price A - Specified Price
Average of SPPs for all hours ending 0700-2200 CPT
- d) Ref Price A - Pricing calendar
ERCOT
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The sixth Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU