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British Pound Options Specs

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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.

BRITISH POUND OPTIONS

Trade UnitOne British pound futures contract
Point Descriptions1 point = $.0001 per pound sterling = $6.25 per contract
Contract ListingFour months in the March cycle and two months not in the March cycle (serial months), plus 4 Weekly Expiration Options.
Strike Price IntervalN/A
Product CodeClearing
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
Hours7:20 a.m.-2:00 p.m. LTD
ListedAll listed series
StrikeAll listed intervals
LimitsNo limits
Minimum FluctuationRegular0.0001=$6.25
Cab0.0001=$6.25
All or None0.0001=$6.25
Trading Venue: CME® Globex®
HoursMon/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.
ListedAll listed series
Strike8 strikes up & down, and including, the strike nearest the money.
LimitsNo limits
Minimum FluctuationRegular0.0001=$6.25
Cab0.0001=$6.25

Click here to contact a commodities broker with experience the British pound market.

Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Carefully consider the inherent risks of such an investment in light of your financial condition. Past results are not necessarily indicative of future results. Please do your own research before investing in the futures market. This site contains no investment recommendations. The information and opinions contained herein comes from sources believed to be reliable, but are not guaranteed as to accuracy or completeness.

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