Contract Specifications

Trading Unit
British Pound Future: 62,5000 lbs. sterling (British pounds)
British Pound Options: One British pound futures contract

Trading Hours
British Pound Futures: 7:20 a.m. - 2:00 p.m. LTD (9:16a.m.) GLBX2 Mon/Thurs 4:30p.m.-4:00p.m. Sun " Holiday 5:30p.m.-4:00p.m.
British Pound Options: 7:20 a.m. - 2:00 p.m. LTD (2:00a.m.) GBLBX2 Mon/Thurs 2:30p.m. to 7:05a.m. Sun " Holiday 5:30 p.m. to 7:05 a.m.

Trading Months
British Pound Future: Six months in the March quarterly Cycle March, June, Sep, Dec.
British Pound Options: Four months in the March cycle and two months not in the March cycle (serial months), plus 4 weekly Expiration options

Point Description
British Pound Futures: 1 point=$.0001 per pound sterling=$6.25 per contract
British Pound Options: 1 point = $.0001 per pound sterling=$6.25 per contract

Minimum Price Fluctuation
British Pound Futures-regular: 0.0002=$12.50, calendar spread: 0.0001=$6.25
British Pound Futures-regular: 0.0001=$6.25, calendar spread: 0.0001=$6.25

British Pound Options-regular: 0.0002=$12.50, cab: 0.0001=$6.25, special "half tick" 0.0001=$6.25 for premium, 0.0010, spreads w/net premium, 0.0010, non generic combo trades with total premium, 0.0020.
British Pound Options-regular: 0.0002=$12.50, cab: 0.0001=$6.25

Options Strike Prices
Strikes will be listed at $0.20 per pound sterling, e.g. $1.40, $1.42, $1.44, etc.
For the first seven expirations, additional strike prices will be listed at intervals of $.010, e.g. $1.33, $1.34, $1.35, etc

Trading Symbol

BP