 |
|
|
| Trading Unit |
|
| 40 megawatt hours (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. |
|
| Peak Days |
|
| Monday through Friday, excluding North American Electric Reliability Council (NERC) holidays. |
|
| Termination of Trading |
|
| Trading shall cease on the business day that is the peak day. When the business day is not the peak day, trading shall cease on the previous business day. |
|
| Settlement |
|
| Financial, based on all Electric Reliability Council of Texas (ERCOT) Market Clearing Price for Energy (MCPE) Hub Average Trading Hub peak prices for the contract day. For settlement of this contract, the prices provided by ERCOT will be considered final on the payment day and will not be subject to any further adjustment. |
|
| Trading Symbol |
|
| VY |
|