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Wednesday, November 15, 2017

Futures Trader Alert #2017 - 21
Initial Listing Notice for 1 Power Futures Contract and 1 Power Options Contract

Category:

  • Market Impact

Markets Impacted:

Contact Information:

Pending regulatory review, the following enhancements will be rolled out for SR4-17 in the NFX Production Environment for the Open Session on November 16th -17th, 2017:

Introduction of One Time Calendar Year Options - PJM Western Hub Real-Time Peak:

The One Time Calendar Year Option exercises into the NFX PJM Western Hub Real-Time Peak One Time Calendar Year Financial Futures (PMXQ) for each of the twelve contract months between January and December using a single price based on the average price of the peak days in each month. Additional detail surrounding this enhancement can be found in the SR4-17 FAQ. It is now possible for participants to set up Pre-Trade Risk Management for these new products.

Also included are a small number of API additions. These additions have been added to support future enhancements planned for 2018. Updated API documentation can be found here:

For additional information, please contact NFX Market Operations or call 215.496.5409.


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