ISO New England Mass Hub 5 MW Peak Calendar-Month Day-Ahead LMP
Futures and Options
ISO New England Day-Ahead Peak Calendar-Month 5 MW Option - Contract Specs
| Contract Unit | 5 MW x 16 peak hours = 80 MWh |
|---|---|
| Minimum Price Fluctuation | 0.01 x 5 MW x 16 peak hours x # peak days/month |
| Price Quotation | U.S. dollars and cents per MWh |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Product Code | CME Globex: INE CME ClearPort: INE Clearing: INE |
| Listed Contracts | Monthly contracts listed for the current year and the next 4 calendar years. Add monthly contracts for a new calendar year following the termination of trading in the December contract of the current year |
| Termination of Trading | Trading terminates on the 2nd last business day of the month prior to the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | American |
| Settlement Method | Deliverable |
| Underlying | ISO New England Mass Hub 5 MW Peak Calendar-Month Day-Ahead LMP Futures |
