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. |
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Minimum Price Fluctuation | 0.01 x 5 MW x 16 peak hours x # peak days/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: JOACME ClearPort: JOAClearing: JOA | ||||
Listed Contracts | Monthly contracts listed fos 60 consecutive months | ||||
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 1177 | ||||
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 Peak Calendar-Month Real-Time LMP Futures |