Contract Unit 125,000 British pounds
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation CME ClearPort: 0.001 per British pound = 125 Japanese yen.
CME Globex: 0.01 per British pound = 1,250 Japanese yen.
Spreads: 0.005 per British pound 625 Japanese yen
Product Code CME Globex: PJY
CME ClearPort: BY
Clearing: BY
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters
Settlement Method Deliverable
Termination Of Trading Trading terminates at 9:16 a.m. CT on the second business day prior to the third Wednesday of the contract month.
Settlement Procedures GBP/JPY Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 305
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing