CME Group British Pound

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British pound futures
Exchange CME Group
Settlement Physically delivered
Contract Size 62,500 pounds sterling (British pounds)
Pricing Unit 1 point = $.0001 per British pound = $6.25 per contract
Tick Value
  • Outrights: 0.0001 USD per GBP increments ($6.25 USD).
  • Consecutive Month Spreads: (Globex only) 0.00001 USD per GBP (0.625 USD)
  • All other Spread Combinations: 0.0001 USD per GBP (6.25 USD)
Contract Months Contracts listed for the first 3 consecutive months and 20 months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trading Day 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
  Open Outcry Electronic
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) Sundays: 5:00 p.m. – 4:00 p.m. Central Time next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday - closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
Ticker Symbol BP 6B
Price Limits N/A N/A
 
British pound options
Trade Unit One futures contract for 62,500 British pounds
Point Value 1 point = $.0001 per pound = $6.25 per contract
Tick Value $.0001 per British pound increments ($6.25/contract).
Option Months Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus 3 serial months
Strike Prices All listed intervals for open outcry; 8 strikes up & down, and including, the strike nearest the money on Globex.
Exercise Style European
  Open Outcry Electronic
Trading Hours Monday - Friday 7:20 a.m. – 2:00 p.m. Central Time (CT) Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Ticker Symbol GBU GBU
Price Limits N/A N/A

Notes

E-quivalents®, a Web-based application that displays real-time CME Group eFX futures prices in spot equivalent terms is available for traders accustomed to trading FX spot markets. [1]

Also See

CME Group foreign currency products


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Last modified on 15 June 2018, at 15:30