- Trading Screen Product Name
- NGX Fin Peak Futures
- Trading Screen Hub Name
- ERCOT North 345KV Hub RT Peak
- Contract Symbol
E5X
- Contract Size
50 MW per hour
- Currency
USD
- Minimum Price Fluctuation
$0.01 per MWh
- Listing Cycle
Up to 365 consecutive Daily Contract Periods
- Last Trading Day
For Monday through Friday Contract Periods, excluding NERC
holidays, if the following calendar day is a Business Day, the
Business Day following the Contract Period with a closing time of
11:00pm EPT the night before; If the following calendar day is not
a Business Day, the Business Day equal to the Contract Period with
a closing time equal to the end of the Trading Session For each
Saturday, Sunday, and NERC holiday Contract Period, the last
Business Day prior to the Contract Period with a closing time equal
to the end of the Trading Session.
- Final Settlement
Average of Reference Price A Prices
- a) Ref Price A - Description
"ELECTRICITY-ERCOT-NORTH 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 Monday through Friday, excluding 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 day
of the delivery month
- MIC Code
- NGXC
- Clearing Venues
- NGXC