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| Trading Unit |
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| An hourly delivery rate of 25 megawatts times 16 hours for a total of 400 megawatt hours (Mwh). Transaction sizes for trading in any delivery month must be in multiples consistent with number of peak days remaining in that contract month. |
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| Peak Days |
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| Monday through Friday excluding North American Electric Reliability Council (NERC) holidays. |
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| Peak Hours |
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| From the hour ending 0800 Eastern Prevailing Time (EPT) through the hour ending 2300 EPT, for a 16 peak-hour day. |
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| Price Quotation |
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| Prices are quoted in U.S. dollars and cents per megawatt hour (Mwh). |
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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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| Termination of Trading |
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| Trading ceases on the last business day of the contract month. |
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| Settlement Type |
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| Financial. Final settlement, following termination of posting for a contract month, will be equal to the arithmetic average of the hourly day ahead locational based marginal prices for Zone J (New York City) published by the New York Independent System Operator (NYISO) for all peak hours in the contract month. |
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| Trading Symbol |
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| KJ |
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