ICE ERCOT North 345KV Real-Time Peak Daily Fixed Price

A daily cash settled Exchange Futures Contract based upon the mathematical average of peak hourly electricity prices published by ERCOT for the location specified in Reference Price A.
ERCOT North 345KV Real-Time Peak Daily Fixed Price Futures	ERCOT North 345KV Real-Time Peak Daily Fixed Price Futures 	ERCOT North 345KV Real-Time Peak Daily Fixed Price Futures 	ERCOT North 345KV Real-Time Peak Daily Fixed Price Futures
Trading Screen Product Name 	Peak Futures 	Peak Futures 	Peak Futures
Trading Screen Hub Name 	ERCOT North 345KV Hub RT 	ERCOT North 345KV Hub RT 	ERCOT North 345KV Hub RT
Contract Symbol 	END 	END 	END
Settlement Method 	Cash settlement 	Cash settlement 	Cash settlement
Contract Size 	800 MWh 	800 MWh 	800 MWh
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 365 consecutive Daily Contract Periods 	Up to 365 consecutive Daily Contract Periods 	Up to 365 consecutive Daily Contract Periods
Last Trading Day 	For Monday through Friday Contract Periods, excluding NERC holidays, if the following calendar day is a Business Day, the Business Day following the Contract Period with a closing time of 11:00pm EPT the night before; If the following calendar day is not a Business Day, the Business Day equal to the Contract Period with a closing time equal to the end of the Trading Session For each Saturday, Sunday, and NERC holiday Contract Period, the last Business Day prior to the Contract Period with a closing time equal to the end of the Trading Session.	For Monday through Friday Contract Periods, excluding NERC holidays, if the following calendar day is a Business Day, the Business Day following the Contract Period with a closing time of 11:00pm EPT the night before; If the following calendar day is not a Business Day, the Business Day equal to the Contract Period with a closing time equal to the end of the Trading Session For each Saturday, Sunday, and NERC holiday Contract Period, the last Business Day prior to the Contract Period with a closing time equal to the end of the Trading Session.	For Monday through Friday Contract Periods, excluding NERC holidays, if the following calendar day is a Business Day, the Business Day following the Contract Period with a closing time of 11:00pm EPT the night before; If the following calendar day is not a Business Day, the Business Day equal to the Contract Period with a closing time equal to the end of the Trading Session For each Saturday, Sunday, and NERC holiday Contract Period, the last Business Day prior to the Contract Period with a closing time equal to the end of the Trading Session.
Final Settlement 	Reference Price A 	Reference Price A 	Reference Price A
REFERENCE PRICE A 	ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME 	ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME 	ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME
a) Ref Price A - Description 	"ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME" 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 ERCOT at http://www.ercot.com/content/cdr/html/real_time_spp 	"ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME" 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 ERCOT at http://www.ercot.com/content/cdr/html/real_time_spp 	"ELECTRICITY-ERCOT-NORTH 345KV HUB-REAL TIME" 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 ERCOT at http://www.ercot.com/content/cdr/html/real_time_spp
b) Ref Price A - Pricing Date 	Each day that prices are reported for the Delivery Date 	Each day that prices are reported for the Delivery Date 	Each day that prices are reported for the Delivery Date
c) Ref Price A - Specified Price 	Average of SPPs for all hours ending 0700-2200 CPT 	Average of SPPs for all hours ending 0700-2200 CPT 	Average of SPPs for all hours ending 0700-2200 CPT
d) Ref Price A - Pricing calendar 	ERCOT 	ERCOT 	ERCOT
e) Ref Price A - Delivery Date 	Contract Period 	Contract Period 	Contract Period
Final Payment Date 	The sixth Clearing Organization business day following the Last Trading Day 	The sixth Clearing Organization business day following the Last Trading Day 	The sixth 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
*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 	ERCOT Pk Daily 	ERCOT Pk Daily
Codes 	Physical 	END 	END
Codes 	Logical 	END 	END
Codes 	GMI (FC) 	YK 	YK
Codes 	ION A.C.N. 	QM68 	QM68
== Notes ==
==References==
==Resources==
ICE ERCOT North 345KV Real-Time Peak Daily Fixed Price Product Spec
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