Contract Unit | 5 MWh Clears in multiples of the number of off-peak hours in the contract day. |
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Price Quotation | U.S. dollars and cents per MWh | ||||
Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | ||||
Minimum Price Fluctuation | 0.01 x 5 MW x 16 peak hours = $0.80 | ||||
Product Code | CME Globex: MLDCME ClearPort: MDAClearing: MDA | ||||
Listed Contracts | Daily contracts listed for the current month and next calendar month. List daily contracts for a new calendar month following the termination of trading in the last contract day of the current month. | ||||
Settlement Method | Financially Settled | ||||
Floating Price | The Floating Price for each contract day shall be equal to the final settlement price for the Mid-Columbia Day-Ahead Peak Daily Fixed Price Future, as reported by the IntercontinentalExchange (ICE Futures U.S.). | ||||
Termination Of Trading | Trading terminates on the business day prior to the contract day. | ||||
Days Or Hours | "Peak Days" shall mean Monday through Saturday, excluding North American Electric Reliability Corporation (NERC) holidays. “Peak Hours” shall mean the Hours Ending (HE) 0700-2200 Prevailing Pacific Time (PPT) on Peak Days. |
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Settlement Procedures | Financially Settled | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 936 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Vendor Codes | Quote Vendor Symbols Listing |