Japanese Power (Day-Ahead) Kansai Base-Load Futures - Contract Specs
| Contract Unit | 1 MW x 24 hours x # of days in the contract month |
|---|---|
| Price Quotation | Japanese yen per KWh |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT |
| Minimum Price Fluctuation | 0.001 per KWh = ¥672 - ¥744 |
| Product Code | CME Globex: JBK CME ClearPort: JBK Clearing: JBK |
| Listed Contracts | Monthly contracts listed for 24 consecutive months. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of JEPX Spot Market (Day-Ahead) for the Kansai Area Baseload 30 minutes prices (0:00~24:00) for each calendar day during the contract month. |
| Termination of Trading | Trading terminates on the last Japanese business day prior to the last day of the contract month. If such day is not an Exchange business day, trading terminates on the preceding Exchange business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
