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NYMEX ClearPort
Contract Details
Description
Specifications
Margins
Terms & Conditions
Settlements
PJM Electricity Daily Futures
Trading Unit
40 megawatt hours (Mwh) for the 16 peak hours of the day from 7:00 AM to 11:00 PM.
Price Quotation
U.S. dollars and cents per Mwh.
Minimum Price Fluctuation
$0.05 per Mwh.
Maximum Price Fluctuation
No price limits.
Trading Hours (All times are New York time)
The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Peak Days
Monday through Friday, excluding North American Electric Reliability Council (NERC) holidays
Termination of Trading
Trading will cease on the business day after the peak day.
Settlement
Financial, based on the daily floating price which is determined for the peak day.
Trading Symbol
JD
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