- Trading Screen Product Name
- Peak Futures (1 MW)
- Trading Screen Hub Name
- PJM PSEG DA + Congestion
- Contract Symbol
PSF
- Settlement Method
Cash settlement
- Contract Size
1 MW
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per MWh; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 50 consecutive monthly contract periods, or as otherwise
determined by the Exchange
- Last Trading Day
The last Business Day prior to the Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
ELECTRICITY-PJM-PSEG-DAY AHEAD ENERGY + CONGESTION
- a) Ref Price A - Description
"ELECTRICITY-PJM-PSEG-DAY AHEAD ENERGY + CONGESTION" means that the
price for a Pricing Date will be that day's Specified Price per MWh
of electricity for delivery on the Delivery Date, stated in U.S.
Dollars, published by PJM at
http://dataminer2.pjm.com/feed/da_hrl_lmps/definition under the
headings "Day-Ahead Hourly LMPs: PSEG" (using the Energy prices at
PJM WESTERN HUB and Congestion prices at PSEG) or any successor
headings, that reports prices effective on that Pricing Date.
- b) Ref Price A - Pricing Date
Each Monday through Friday, excluding NERC holidays, that prices
are reported for the Delivery Date
- c) Ref Price A - Specified Price
Average of Energy + Congestion prices for all hours ending
0800-2300 EPT
- d) Ref Price A - Pricing calendar
PJM
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The second Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU