Euro/British Pound
Futures and Options
EUR/GBP Weekly Friday Options - Contract Specs
| Contract Unit | 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 |
| Price Quotation | British pounds per Euro increment |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 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 |
| Product Code | CME Globex: 1E,2E,3E,4E,5E CME ClearPort: 1E,2E,3E,4E,5E Clearing: 1E,2E,3E,4E,5E |
| Listed Contracts | Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of quatrly or serial option expiration. |
| Settlement Procedures | Option on physical delivery futures contract |
| Termination of Trading | Trading terminates at 9:00 a.m. CT on Friday of the contract week. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| 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. |
| Settlement Method | Deliverable |
| Underlying | EUR/GBP Futures |
