PJM Western Hub Day-Ahead Peak Average Price Monthly Futures 5 MW Contract Specs
| Contract Unit | 5 MW multiplied by the number of peak hours in the contract month | ||||
| Price Quotation | U.S. dollars and cents per megawatt hour. | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Minimum Price Fluctuation | $0.01 per megawatt hour | ||||
| Product Code | CME Globex: SDDCME ClearPort: SDDClearing: SDD | ||||
| Listed Contracts | Contracts listed for the current year and the next 5 calendar years. A new calendar year will be added 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 Western Hub Day-Ahead LMP for peak hours provided by PJM Interconnection, LLC (PJM) for the contract month. | ||||
| Termination Of Trading | Trading terminates 1 business day prior to 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. |
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| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1395 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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