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Options Contract Specifications
The British pound contract specifications tell you how the British pound options trade,
not how to trade British pound options. Before you consider opening a currency options account, you should consult with
a licensed currencies broker.
| Trade Unit | One British pound futures contract | | Point Descriptions | 1
point = $.0001 per pound sterling = $6.25 per contract | | Contract Listing | Four months in the March cycle
and two months not in the March cycle (serial months), plus 4 Weekly Expiration Options. | | Strike Price Interval | N/A | | Product Code | Clearing Calls/Puts=BP Ticker Calls=CP Ticker Puts=PP Globex=6B Weekly Expiration Options: Floor Calls=1BC/5BC Puts=1BP/5BP AON=LP Globex 6B1-6B5 | | Trading Venue: Floor | | Hours | 7:20 a.m.-2:00 p.m. LTD | | Listed | All listed
series | | Strike | All listed intervals | | Limits | No limits | | Minimum Fluctuation | Regular | 0.0001=$6.25 | | Cab | 0.0001=$6.25 | | All or None | 0.0001=$6.25 | | Trading Venue: CME®
Globex® | | Hours | Mon/Thurs 5:00 p.m.-7:15 a.m. & 2:00 p.m.-4:00 p.m. Sun & Hol 5:00 p.m.-7:15 a.m SxS
effective 12/18/06 Mon/Thurs 5:00 p.m.-4:00 p.m. Sun & Hol 3:00 p.m.-4:00 p.m. | | Listed | All listed series | | Strike | 8 strikes
up & down, and including, the strike nearest the money. | | Limits | No limits | | Minimum Fluctuation | Regular | 0.0001=$6.25 | | Cab | 0.0001=$6.25 |
Click here to contact a commodities broker with experience the British pound market.
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