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| Trading Unit |
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| 2.5 megawatts per hour per peak day in the contract month. There are between 19 and 23 days depending on the month and 16 peak hours per day. Depending on the number of peak days in the month, each contract will represent between 760 and 920 megawatt hours. |
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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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| Peak Days and Hours |
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| Mondays through Fridays, excluding North American Electric Reliability Council (NERC) holidays. Peak hours are from 7:00 AM to 11:00 PM (the hour ending 0800 to the hour ending 2300) prevailing local time. Peak days are Mondays through Fridays, excluding North American Electric Reliability Council (NERC) holidays. |
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| Last Trading Day |
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| Last business day of the contract month. |
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| Settlement |
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| Financial, based on the arithmetic average of all day-ahead internal hub prices published by ISO New England for all peak hours in the contract month. |
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| Trading Symbol |
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| NI |
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