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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 Fluctuaton |
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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 Days and Hours |
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| Off-peak hours are from midnight to 7 AM (the hour ending 0100 to the hour ending 0700) and 11 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 hourly day-ahead locational marginal price (LMP) published by ISO New England for all off-peak hours of the contract month. |
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| Trading Symbol |
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| KI |
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