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PJM ATSI Zone 5 MW Peak Calendar-Month Real-Time Futures Contract Specs

Contract Unit 5 MW (80 MWh)
5 MW x 16 peak hours = 80 MWh
Clears in multiples of the number of peak days in the contract month.
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 0.05 x 5 MW x 16 peak hours x # peak days/month
Product Code CME Globex: MPA
CME ClearPort: MPR
Clearing: MPR
Listed Contracts Monthly contracts listed for the current year and the next 5 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month 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 month. 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 CME Globex: Trading on CME Globex terminates at 23:59 EPT on the last calendar day of the month prior to the contract month. If that time is not within regular trading hours, trading on CME Globex terminates at 16:00 CT on the last business day of the month prior to the contract month..
CME ClearPort: Trading terminates 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. Peak hour shall mean from Hour Ending (HE) 0800 Eastern Prevailing Time (EPT) through HE 2300 EPT.
Settlement Procedures Final settlement under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1137
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing