ICE PJM Western Hub Day-Ahead Peak Fixed Price

A monthly cash settled Exchange Futures Contract based upon the mathematical average of daily prices calculated by averaging the peak hourly electricity prices published by PJM for the location specified in Reference Price A.
PJM Western Hub Day-Ahead Peak Fixed Price Future	PJM Western Hub Day-Ahead Peak Fixed Price Future 	PJM Western Hub Day-Ahead Peak Fixed Price Future 	PJM Western Hub Day-Ahead Peak Fixed Price Future
Trading Screen Product Name 	Peak Futures (1 MW) 	Peak Futures (1 MW) 	Peak Futures (1 MW)
Trading Screen Hub Name 	PJM WH DA 	PJM WH DA 	PJM WH DA
Contract Symbol 	PJC 	PJC 	PJC
Settlement Method 	Cash settlement 	Cash settlement 	Cash settlement
Contract Size 	1 MW 	1 MW 	1 MW
Currency 	USD 	USD 	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. 	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. 	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 	Up to 50 consecutive monthly Contract Periods 	Up to 50 consecutive monthly Contract Periods
Last Trading Day 	The last Business Day of the Contract Period 	The last Business Day of the Contract Period 	The last Business Day of the Contract Period
Final Settlement 	Average of Reference Price A Prices 	Average of Reference Price A Prices 	Average of Reference Price A Prices
REFERENCE PRICE A 	ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD 	ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD 	ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD
a) Ref Price A - Description 	"ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD" 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 the PJM at http://www.pjm.com/markets/energy-market/day-ahead.html, under the headings "Daily Day-Ahead Locational Marginal Pricing (LMP): LMP Day-Ahead Data: WESTERN HUB" or any successor headings, that reports prices effective on that Pricing Date.	"ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD" 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 the PJM at http://www.pjm.com/markets/energy-market/day-ahead.html, under the headings "Daily Day-Ahead Locational Marginal Pricing (LMP): LMP Day-Ahead Data: WESTERN HUB" or any successor headings, that reports prices effective on that Pricing Date.	"ELECTRICITY-PJM-WESTERN HUB-DAY AHEAD" 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 the PJM at http://www.pjm.com/markets/energy-market/day-ahead.html, under the headings "Daily Day-Ahead Locational Marginal Pricing (LMP): LMP Day-Ahead Data: WESTERN HUB" 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 	Each Monday through Friday, excluding NERC holidays, that prices are reported for the Delivery Date 	Each Monday through Friday, excluding NERC holidays, that prices are reported for the Delivery Date
c) Ref Price A - Specified Price 	Average of LMPs for all hours ending 0800-2300 EPT 	Average of LMPs for all hours ending 0800-2300 EPT 	Average of LMPs for all hours ending 0800-2300 EPT
d) Ref Price A - Pricing calendar 	PJM 	PJM 	PJM
e) Ref Price A - Delivery Date 	Contract Period 	Contract Period 	Contract Period
Final Payment Date 	The second Clearing Organization business day following the Last Trading Day 	The second Clearing Organization business day following the Last Trading Day 	The second Clearing Organization business day following the Last Trading Day
MIC Code 	IFED 	IFED 	IFED
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	7:50 PM - 6:00 PM*
19:50 - 18:00 	7:40 PM
19:40
Trading Hours 	LONDON 	12:50 AM - 11:00 PM*
00:50 - 23:00 	12:40 AM
00:40
Trading Hours 	SINGAPORE 	8:50 AM - 7:00 AM*
08:50 - 07:00 	8:40 AM
08:40
Trading Hours 	*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes 	Clearing Admin Name 	Pwr East Mini 	Pwr East Mini
Codes 	Physical 	PJC 	PJC
Codes 	Logical 	PJC 	PJC
Codes 	GMI (FC) 	AA 	AA
Codes 	ION A.C.N. 	SM88 	SM88
== Notes ==
==References==
==Resources==
ICE PJM Western Hub Day-Ahead Peak Fixed Price Product Spec
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