Contract Unit One futures contract for 125,000 Euro
Minimum Price Fluctuation 0.00005 per Euro increment = £6.25 (British pounds)
Cabinet: 0.000025 per euro increment  = £3.125
Price Quotation British pounds per Euro increment
Trading Hours CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 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
Open Outcry: Monday - Friday 7:20 a.m. – 2:00 p.m. CT
Product Code CME Globex: 1E,2E,3E,4E,5E
CME ClearPort: 1E,2E,3E,4E,5E
Open Outcry: 1E,2E,3E,4E,5E
Clearing: 1E,2E,3E,4E,5E
Listed Contracts Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of quatrly or serial option expiration.
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Trading terminates at 9:00 a.m. CT on Friday of the contract week.
Position Limits CME Position Limits
Exchange Rulebook CME 301A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European style. Auto-exercised against CME Group FX Fixing Price; no contrary instructions allowed.
In-the-money (ITM) strikes exercised. Out-of-the-money (OTM) strikes abandoned.
An option is ITM if the CME Group FX Fixing Price for the underlying futures contract is equal to or above the strike price in the case of a call or below the strike price in the case of a put.
Settlement Method Deliverable
Underlying Euro/British Pound Futures