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| Trading Unit |
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| 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). |
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| Price Quotation |
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| U.S. dollars and cents per Mwh. |
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| Minimum Price Fluctuation |
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| $0.05 per Mwh. |
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| Maximum Price Fluctuation |
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| No price limits. |
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| Trading Hours (All times are New York time) |
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| 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. |
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| Trading Months |
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| The current year and the next two years. |
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| Peak Days |
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| Monday through Friday, excluding North American Electric Reliability Council (NERC) holidays. |
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| Termination of Trading |
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| Last business day of the contract month. |
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| Settlement |
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| Financial, based on the arithmetic average of all Platts Megawatt Daily ERCOT seller’s choice day-ahead index peak prices published for the contract month. For settlement of this contract, the daily price provided by Megawatt Daily will be considered final on the payment date and will not be subject to any further adjustment. |
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| Trading Symbol |
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| VT |
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