BRITISH POUND FUTURES - CONTRACT SPECS

Contract Unit 62,500 British pounds
Price Quotation U.S. dollars and cents per GBP increment
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: 0.00001 per GBP increment = $0.625
CME Globex: 0.0001 per GBP increments = $6.25

Consecutive month spreads: 0.00001 per GBP increment = $0.625

All other spreads: 0.00005 per GBP increment = $3.125
Product Code CME Globex: 6B
CME ClearPort: BP
Clearing: BP
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 20 consecutive quarters and serial contracts listed for 3 months
Settlement Method Deliverable
Termination Of Trading Trading terminates at 9:16 a.m. CT, 2 business days prior to the third Wednesday of the contract month.
Settlement Procedures Physical Delivery
GBP/USD Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 251
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing