British Pound (CBRP)
The contract is traded on the CME futures market.
Summary Contract specifications
- Unit of trading : 62.500
- Contract size : 62.500 x GBP/USD
- Delivery months : March, June, September and December
- Quotation : In points (each full point = USD 62.500 per contract)
- Minimum price movement : 0,0001 points (= USD 6,25 per contract)
Trading example :
- The GBP/USD at 1,4747 $
- The value of one contract is 125.000 x 1,4413 = 180.162,5 $
- Buy at 1,4747 and sell at 1,4770.
- 23 ticks x 6,25 $ = 143,75 $
