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| Trading Unit |
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| 2.5 megawatt hours (Mwh) times the number of off-peak hours in the contract month. Total contract size ranges from 880 to 1,060 Mwh. |
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| Price Quotation |
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| U.S. dollars and cents per Mwh. |
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| Minimum Price Fluctuation |
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| $0.05 per Mwh. |
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| Maximum Price Fluctuation |
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| No price limits. |
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| Trading Hours (All times are New York time) |
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| 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. |
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| Trading Months |
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| The current year plus the next five calendar years. A new calendar year will be added following the termination of trading in the December contract of the current year. |
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| Off-Peak Hours |
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| Off-peak hours are from midnight to 7:00 AM (the hour ending 0100 to the hour ending 0700) and 11:00 PM to midnight (the hour ending 2400) Mondays through Fridays; also, all day Saturdays and Sundays (the hour ending 0100 to the hour ending 2400) and North American Electric Reliability Council holidays. All times are prevailing local time. |
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| Termination of Trading |
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| Trading shall cease on the last business day of the contract month. |
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| Settlement |
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| Financial, based on the arithmetic average of the PJM western hub real-time locational marginal price (LMP) for all off-peak hours of the contract month. |
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| Trading Symbol |
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| JP |
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