CME launches electricity futures contracts

Available on the CME ClearPort electronic clearing and trading systems, the peak contracts will be 80 megawatt hours and the off-peak contracts will be five megawatt hours.

The electricity swaps futures contracts that were launched in December 2008 currently have open interest above 4.9 million contracts. The peak contracts are also 80 megawatt hours with off-peak contracts of five megawatt hours.

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