|Contract Unit||80 Megawatt hours (MWh) (5 MW per peak hour).|
|Price Quotation||The contract quantity shall be 80 Megawatt hours (MWh) and is based on 5 Megawatts for peak daily hours. Each futures contract shall be valued at the contract quantity multiplied by the settlement price.|
|Trading Hours||CME Globex:||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)||CME ClearPort:||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)|
|Minimum Price Fluctuation||$0.01 per MWh|
|Product Code||CME Globex: YHFCME ClearPort: EHFClearing: EHF|
|Listed Contracts||Current month plus next month|
|Settlement Method||Financially Settled|
|Floating Price||The Daily Floating Price will be determined for each peak day. The Daily Floating Price will be equal to the arithmetic average of all Electric Reliability Council of Texas (ERCOT) Houston 345 kV Hub Day-Ahead settlement point peak prices provided for the contract day. For settlement of this contract day, the prices provided by ERCOT will be considered final on the payment date stated in Rule 1041.10 and will not be subject to any further adjustment.|
|Termination Of Trading||CME Globex:||Trading on CME Globex shall cease on the business day prior to the contract day.|
|CME ClearPort:||Trading shall cease on the last business day of the contract month.|
|Days Or Hours||"Peak day" shall mean a Monday through Friday, excluding North American Electric Reliability Corporation holidays.
From Hour Ending (HE) 0700 Central Prevailing Time (CPT) through HE 2200 CPT.
|Settlement Procedures||Delivery under the ERCOT Houston 345 kV Hub Day-Ahead 5 MW Peak Calendar-Day Futures contract shall be by cash settlement. The cash-settlement price will be based on the Daily Floating Price which is determined for the peak day.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 1041|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|
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