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British Pound Option (American) Contract Specs

Contract Unit One futures contract for 62,500 British pounds
Minimum Price Fluctuation $.0001 per British pound increments ($6.25/contract).
Trading Hours CME Globex: 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
Open Outcry: 7:20 a.m.– 2:00 p.m.
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)
Product Code CME Globex: 6B
CME ClearPort: BP
Open Outcry: Put: PP Call: CP
Clearing: BP
Listed Contracts Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 2 serial months
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (2:00 p.m. CT)
Position Limits CME Position Limits
Exchange Rulebook CME 251A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Settlement Method Deliverable
Underlying British Pound Futures