PJM WESTERN HUB REAL-TIME PEAK AVERAGE PRICE MONTHLY FUTURES 5 MW - 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. |
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| Price Quotation | U.S. dollars and cents per MWh | ||||
| 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 x 5 MW x 16 peak hours x # peak days/month | ||||
| Product Code | CME Globex: SRTCME ClearPort: SRTClearing: SRT | ||||
| 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 | Floating Price is equal to the arithmetic average of the PJM Western Hub Real Time LMP for peak hours provided by PJM Interconnection, LLC for the contract month. | ||||
| Termination Of Trading | Trading terminates on 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 1394 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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