British Pound/Japanese Yen Futures - Contract Specs

Contract Unit
125,000 British pounds
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)
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
CME Globex:
0.01 per British pound = 1,250 Japanese yen.
Spreads: 0.005 per British pound 625 Japanese yen
CME ClearPort:
0.001 per British pound = 125 Japanese yen.
Product Code
CME Globex: PJY
CME ClearPort: BY
Clearing: BY
Listed Contracts
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters
Settlement Method
Deliverable
Termination of Trading
Trading terminates at 9:16 a.m. CT on the second business day prior to the third Wednesday of the contract month.
Settlement Procedures
Position Limits
Exchange Rulebook
Block Minimum
Price Limit or Circuit
Vendor Codes

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