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NYMEX ClearPort
All ERCOT
Description
Settlements
NERC Holidays
Terms & Conditions
Monthly Peak
Specifications
Margins
Termination Schedule
Daily Peak
Specifications
Margins
 
Trading Unit
40 megawatt hours (Mwh) per peak day depending on the month. Depending on the number of peak days in the month, the number of megawatt hours will vary (between 760 Mwh and 920 Mwh).
Price Quotation
U.S. dollars and cents per Mwh.
Minimum Price Fluctuation
$0.05 per Mwh.
Maximum Price Fluctuation
No price limits.
Trading Hours (All times are New York time)
The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Trading Months
The current year plus the next five calendar years. A new calendar year will be added following the termination of trading in the December contract of the current year.
Peak Days
Monday through Friday, excluding North American Electric Reliability Council (NERC) holidays.
Termination of Trading
Last business day of the contract month.
Settlement
Financial, based on the arithmetic average of all Electric Reliability Council of Texas (ERCOT) North Market Clearing Price for Energy (MCPE) Trading Hub peak prices published for the contract month. For settlement of this contract, the prices provided by ERCOT will be considered final on the payment date stated and will not be subject to any further adjustment.
Trading Symbol
MN
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