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|Contract Size||The unit of trading shall be 62,500 pound sterling.|
|Venue||CME Globex, CME ClearPort, Open Outcry (New York)|
|CME Globex Hours (EST)||Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday - closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.|
|CME ClearPort Hours (EST)||Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45–minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)|
|Open Outcry Hours (EST)||7:20 AM to 2:00 PM (6:20 AM to 1:00 PM CT)|
|Minimum Fluctuation||Minimum price fluctuations shall be in multiples of $.0001 per pound sterling, equivalent to $6.25 per contract.|
|Block Trade Eligibility & Minimum||Eligible, 100 contract minimum|
|Position Accountability||A person owning or controlling more than 10,000 contracts net long or net short in all contract months combined shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable. For positions involving options on pound sterling futures, this rule is superseded by the option position accountability rule.|
|Termination of Trading||Futures trading shall terminate on the second business day immediately preceding the third Wednesday of the contract month. If the foregoing date for termination is a bank holiday in Chicago or New York City, futures trading shall terminate on the next preceding business day common to Chicago and New York City banks and the Exchange.|
|Listed Contracts||Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)|
|Last Trade Date/Time||9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).|
In addition to the procedures and requirements contained in this chapter, delivery procedures shall be governed by the rules set forth in Chapter 7.
2. Delivery Days
Delivery shall be made on the third Wednesday of the contract month. If that day is not a business day in the country of delivery or is a bank holiday in either Chicago or New York City, then delivery shall be made on the next day which is a business day in the country of delivery and is not a bank holiday in Chicago or New York City.
|Grade and Quality Specifications||Please see rulebook chapter 251|
|Exchange Rule||These contracts are listed with, and subject to, the rules and regulations of CME.|