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Premium Quoted European Style Options on British Pound/US Dollar Futures Contract Specs

Options
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: 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
CME ClearPort: 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
Open Outcry: Monday - Friday 7:20 a.m. – 2:00 p.m. Central Time (CT)
Product Code CME Globex: GBU
CME ClearPort: GBU
Open Outcry: GBU
Clearing: GBU
Listed Contracts Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus 3 serial months
Settlement Procedures Physical-Exercise into Futures
Termination Of Trading Trading terminates 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
Exercise Style European
Settlement Method Deliverable
Underlying British Pound Futures