Chapter 301
Euro/British Pound Sterling (EUR/GBP) Cross Rate Futures
30100.

SCOPE OF CHAPTER
This chapter is limited in application to Euro/British pound sterling cross rate futures. In addition tothis chapter, Euro/British pound sterling cross rate futures shall be subject to the general rules andregulations of the Exchange insofar as applicable.
For purposes of this chapter, unless otherwise specified, times referred to herein shall refer to andindicate Chicago time.

30101.

TRADING SPECIFICATIONS
30101.A.
Trading Schedule
Futures contracts shall be scheduled for trading and delivery during such hours and in such months
as may be determined by the Exchange.
30101.B.
Trading Unit
The unit of trading shall be 125,000 Euro.
30101.C.
Quote Basis
Bids and offers shall be quoted in terms of British pounds sterling per Euro, significant to fivedecimal places, e.g., 0.66285.
30101.D.
Price Increments
For trades executed on CME Globex electronic trading platform, minimum price fluctuations shallbe in multiples of .00005 British pounds sterling per Euro, equivalent to 6.25 British pounds sterling
per contract. Trades may also occur in multiples of .000025 British pounds sterling per Euro forEUR/GBP futures intra-currency spreads executed as simultaneous transactions pursuant to Rule542. For transactions submitted through CME ClearPort, the minimum price fluctuation shall be.00001 British pounds sterling per Euro.
30101.E.
[Reserved]
30101.F.
Position Limits, Exemptions, Position Accountability and Reportable Levels
The applicable position limits and/or accountability levels, in addition to the reportable levels, areset forth in the Position Limit, Position Accountability and Reportable Level Table in theInterpretations & Special Notices Section of Chapter 5.
A Person seeking an exemption from position limits for bona fide commercial purposes shall apply
to the Market Regulation Department on forms provided by the Exchange, and the MarketRegulation Department may grant qualified exemptions in its sole discretion.
Refer to Rule 559 for requirements concerning the aggregation of positions and allowable
exemptions from the specified position limits.
30101.G.
Special Price Fluctuation Limits
At the commencement of each trading day, the contract shall be subject to special price fluctuation
limits as set forth in Rule 589 and in the Special Price Fluctuation Limits Table in the Interpretations& Special Notices Section of Chapter 5.
30101.H.
Termination of Trading
Futures trading shall terminate on the second Business Day immediately preceding the third
Wednesday of the contract month. If the foregoing date for termination is a bank holiday in
Chicago or New York City, futures trading shall terminate on the next preceding Business Day
common to Chicago and New York City banks and the Exchange.
30101.I.
[Reserved]© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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30102.

SETTLEMENT PROCEDURES
30102.A.
Physical Delivery
1. Procedures
In addition to the procedures and requirements contained in this chapter, physical delivery
procedures shall be governed by the rules set forth in Chapter 7.
Euro/British pound sterling cross rate futures traded pursuant to Chapter 301 shall be delivered inbanks designated by the Exchange at a final settlement price rounded to the nearest .000001
British pounds sterling per Euro, commonly referred to as one-fifth of one tick, which is equivalent
to 0.125 British pounds sterling per contract. Buyers of the Euro/British pound sterling cross rate
futures contract shall deliver the minimum-fluctuation currency (British pound sterling) and receivethe trading-unit currency (Euro). Sellers of the Euro/British pound sterling cross rate futurescontract shall deliver the trading-unit currency (Euro) and receive the minimum-fluctuation currency(British pound sterling).
2. Delivery Days
Delivery shall be made on the third Wednesday of the contract month. If that day is not a Business
Day in both countries of delivery or is a bank holiday in either Chicago or New York City, thendelivery shall be made on the next day which is a Business Day in both countries of delivery and is
not a bank holiday in Chicago or New York City.

30103.

[RESERVED](End Chapter 301)

© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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