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E-micro GBP/USD Futures
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E-micro GBP/USD Futures
Contract Size 6,250 British pounds
Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Procedure Physically Delivered*
Position Accountability 100,000 E-micro contracts
Ticker Symbol M6B

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Minimum Price Fluctuation (Tick) 0.0001 USD/GBP (=US$0.625)
Contract Value If USD/GBP = 1.5000 then contract = $9,375 (= £6,250 x $1.5000/£)
Trading Hours 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)
Last Trade Date / Time
View calendar		 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
Block Trade Eligibility No.
EFP Eligibility Yes. View more on EFPs.
*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.