PJM Western Hub Peak Calendar-Month Real-Time LMP
Futures and Options
PJM Western Hub Real-Time Peak Calendar-Month 5 MW Option - Contract Specs
| Contract Unit | 5 MW (80 MWh) 5 MW x 16 peak hours = 80 MWh Clears in multiples of the number of peak days in the contract month. |
|---|---|
| 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: JOA CME ClearPort: JOA Clearing: JOA |
| Listed Contracts | DEFAULT Monthly contracts listed fos 60 consecutive months |
| Termination of Trading | Trading terminates on the 2nd last business day of the month prior to the contract month |
| Position Limits | |
| Exchange Rulebook | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | American |
| Settlement Method | Deliverable |
| Underlying | PJM Western Hub Peak Calendar-Month Real-Time LMP Futures |
