CME Group » Energy » PJM ATSI Zone 5 MW Peak Calendar-Da
Energy Products
View an Energy Product
PJM ATSI Zone 5 MW Peak Calendar-Day Real-Time Swap Futures
Settlements | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
 
PJM ATSI Zone 5 MW Peak Calendar-Day Real-Time Swap Futures
Product Symbol

DPR
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday – Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 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 as the contract quantity multiplied by the settlement price.
Price Quotation Prices shall be quoted in U.S. dollars and cents per MWH
Minimum Fluctuation USD 0.05 per MWh
Floating Price The Floating Price for each contract day will be equal to the arithmetic average of the PJM ATSI Zone Real-Time LMP for peak hours provided by PJM Interconnection, LLC (PJM), for the contract day. For settlement of this contract, the prices provided by PJM will be considered final on the Payment Date and will not be subject to any further adjustment.
Termination of Trading Trading shall cease the last business day of the contract month.
Listed Contracts Current month plus the next calendar month with a new calendar month added the same day as the last day of a month contract expires.
Settlement Type Financial
Final Settlement Final settlement under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract day, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract day.
Days & Hours Peak day shall mean a Monday through Friday, excluding North American Electric Reliability Corporation holidays. Peak hour shall mean from Hour Ending (HE) 0800 Eastern Prevailing Time (EPT) through HE 2300 EPT.
Position Limits NYMEX Position Limits
Rulebook Chapter 1141
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.