CME Group Euro FX/British Pound

Euro FX/British Pound Futures	Euro FX/British Pound Futures 	Euro FX/British Pound Futures
Contract Unit 	125,000 euro 	125,000 euro
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)
Trading Hours 	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 	Outrights: 0.00005 GBP per EUR increments = £6.25
Consecutive month spreads (Globex only): 0.00001 GBP per EUR = £1.25
All other spread combinations (Globex only): 0.000025 GBP per EUR = £3.125	Outrights: 0.00005 GBP per EUR increments = £6.25
Consecutive month spreads (Globex only): 0.00001 GBP per EUR = £1.25
All other spread combinations (Globex only): 0.000025 GBP per EUR = £3.125
Product Code 	CME Globex: RP
CME ClearPort: RP
Clearing: RP 	CME Globex: RP
CME ClearPort: RP
Clearing: RP
Listed Contracts 	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and serial monthly contracts listed for 3 consecutive months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and serial monthly contracts listed for 3 consecutive months.
Settlement Method 	Deliverable 	Deliverable
Termination of Trading 	Trading terminates at 9:16 a.m. CT, 2 business days prior to the third Wednesday of the contract month. 	Trading terminates at 9:16 a.m. CT, 2 business days prior to the third Wednesday of the contract month.
Settlement Procedures 	EUR/GBP Settlement Procedures 	EUR/GBP Settlement Procedures
Position Limits 	CME Position Limits 	CME Position Limits
Exchange Rulebook 	CME 301 	CME 301
Block Minimum 	Block Minimum Thresholds 	Block Minimum Thresholds
Price Limit or Circuit 	Price Limits 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
Euro FX/British Pound Options 	Euro FX/British Pound Options 	Euro FX/British Pound Options
Contract Unit 	One futures contract for 125,000 euro 	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 British pounds 	0.00005 per Euro increment = £6.25 British pounds Cabinet: 0.000025 per euro increment = £ 3.125 British pounds
Price Quotation 	British pound per Euro increment 	British pound 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
Trading Hours 	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
Trading Hours 	Open Outcry: 	7:20 a.m. – 2:00 p.m. CT
Product Code 	CME Globex: RP
CME ClearPort: RP
Open Outcry: OP
Clearing: RP 	CME Globex: RP
CME ClearPort: RP
Open Outcry: OP
Clearing: RP
Listed Contracts 	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and serial contracts listed for 3 consecutive months	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and serial contracts listed for 3 consecutive months
Settlement Procedures 	Option on physical delivery futures contract 	Option on physical delivery futures contract
Termination of Trading 	Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month. 	Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month.
Position Limits 	CME Position Limits 	CME Position Limits
Excahnge Rulebook 	CME 301A 	CME 301A
Block Minimum 	Block Minimum Thresholds 	Block Minimum Thresholds
Price Limit or Circuit 	Price Limits 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
Strike Price Listing Procedures	$0.05 per gallon (i.e. 1.900, 1.950, 2.000, 2.050, 2.100, etc.) 	$0.05 per gallon (i.e. 1.900, 1.950, 2.000, 2.050, 2.100, etc.)
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.	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.
Settlemnt Method 	Deliverable 	Deliverable
Underlying 	Euro/British Pound Futures 	Euro/British Pound Futures
== Notes ==
== Resources ==
CME Group Euro FX/British Pound Contract Specifications
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