CME Group E-micro GBP/USD Futures

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E-micro GBP/USD futures
Exchange CME Group
Settlement Physically delivered
Contract Size 6,250 British pounds
Pricing Unit Need pricing unit!
Tick Value 0.0001 USD/GBP (=US$0.625)
Contract Months Two 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).
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A
  • GLOBEX (ETH)= Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) 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.
  • CME ClearPort = Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45–minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Ticker Symbol N/A M6B
Price Limits N/A N/A

Notes

  • The September (U) 2010 E-micro Forex futures contracts are cash settled. However, starting with the December (Z) 2010 contract, CME FX will be migrating the E-micro Forex futures contracts from being cash settled to physically delivered. This will enable active traders to carry larger positions in the E-micros and easily offset them with our standard size FX contracts - potentially generating more liquidity and tighter spreads in the E-micro Forex futures contracts.