NYMEX Electricity Futures
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| PJM Electricity futures | ||
|---|---|---|
| Exchange | NYMEX | |
| Settlement | Cash settled | |
| Trade Unit | 40 megawatt hours (Mwh) per peak day (between 19 and 23 days) 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). | |
| Point Value | Need point value! | |
| Tick Value | Need tick value! | |
| Contract 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. | |
| Last Trading Day | One business day before the last peak day of the month. | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | Electronic | |
| Trading Hours | N/A | 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. |
| Ticker Symbol | N/A | JM |
| Price Limits | N/A | N/A |
