PJM West Hub RT Real-Time 50 MW Off-Peak Option Contract Specs
| Contract Unit | 50 MWh Clears in multiples of the number of off-peak hours in the contract month. |
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| Minimum Price Fluctuation | 0.01 x 5 MW x # off-peak hours/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) | ||||
| Product Code | CME Globex: NB9CME ClearPort: N9PClearing: N9P | ||||
| 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. | ||||
| Termination Of Trading | Trading terminates on the 2nd last business day of the month prior to the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1179 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
| Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
| Exercise Style | American | ||||
| Settlement Method | Deliverable | ||||
| Underlying | PJM Western Hub Real-Time Off-Peak Calendar-Month 5 MW Futures | ||||
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