British Pound Futures Futures


After all of these years, the United Kingdom still holds tremendous importance in the global world of finance, as does its currency, the British pound.
The British pound/US dollar (GBP/USD) futures contract enables traders to take positions on the direction of the Bank of England and its policy moves, which can make this currency quite volatile at times.
The GBP/USD dollar futures contract is sized at 62,500 GBP while the E-micro GBP/USD futures contract is sized at 6,250 GBP.


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Contract Details

Contract Month  

H, M, U, Z (Mar, Jun, Sep, Dec)

Trading Venue  

CME offers electronic trading almost 24/6

Product Symbol  

6B

Price Quotation  

U.S. Dollars per British Pound

Trading Hours  

Sunday – Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

Options Available  

Yes

Contract Size  

£62,500

Minimum Tick  

0.0001

Dollar Value of One Tick  

$6.25

Initial Margin  

$2,200.00