Market regulation · 21/07/2010
CFTC Orders PJM WH Energy Contracts Do Not Perform Significant Price Discovery Function
The Commodity Futures Trading Commission has issued orders finding that PJM WH Real Time Peak Daily, PJM WH Real Time Off-Peak Daily, and PJM WH Day Ahead LMP Peak Daily contracts, listed on the IntercontinentalExchange, Inc., do not perform a significant price discovery function, as required by the Commodity Exchange Act.