PJM WEST HUB 50 MW SAME DAY OPTION - CONTRACT SPECS
| Contract Unit | 50 MW x 16 peak hours = 800 MWh | ||||
| Minimum Price Fluctuation | 0.01 x 50 MW x 16 peak hours = $8.00 | ||||
| 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) | ||||
| Product Code | CME Globex: Z01CME ClearPort: J01Clearing: J01 | ||||
| Listed Contracts | 1 day | ||||
| Termination Of Trading | The contract date coincides with the product code (J01-J31). For Example, J25 indicates a contract of the 25th calendar day of a month. Trading terminates on the referenced contract date. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1069 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
| Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
| Exercise Style | European | ||||
| Settlement Method | Financially Settled | ||||
| Underlying | SYNTHETIC PJM DAILY | ||||
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