Contract Name
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PJM Daily Load Forecast Futures
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Commodity Code
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PDJ
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Chapter
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181
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Contract Size
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The unit of trading shall be the $0.10 multiplied by the maximum hourly load, rounded to nearest whole megawatt, in the entire PJM system for the specified operating day that is the contract day. Hourly load is computed as the sum of the regional load values reported by PJM.
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Last Trading Day
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Trading shall cease on the business day following the PJM operating day that is the calendar day.
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Minimum Price Fluctuation
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The minimum fluctuation shall be $0.10.
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Listing Schedule
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CME Globex, CME ClearPort, and Open Outcry: Current day and the subsequent six calendar days.
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Trading Hours
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Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. Central Time/CT)
CME Globex and CME ClearPort:Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).
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Exchange Fees
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||||||||||
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Member Day
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Member
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Cross Division
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Non-Member
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IIP
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|||||
Pit
|
X
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0.35
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0.37
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0.40
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||||||
Globex
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X
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0.35
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0.37
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0.40
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0.37
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|||||
ClearPort
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0.35
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0.40
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||||||||
Other Processing Fees
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||||||||||
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Member
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Non-Member
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||||||||
Cash Settlement
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0.105
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0.12
|
|
|||||||
Futures from E/A
|
X
|
X
|
|
|||||||
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House Acct
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Customer Acct
|
|
|||||||
Options E/A Notice
|
X
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X
|
|
|||||||
Delivery Notice
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X
|
X
|
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Additional Fees and Surcharges
|
|
||||
EFS Surcharge
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X
|
|
|||
Block Surcharge
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X
|
|
|||
Facilitation Desk Fee
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0.02
|
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