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Pound Sterling Futures (USD pairs)

  • The product

    The U.S. Dollar Futures Contract per Pound Sterling may serve to protect or speculate on the currency price at a future date, as well as to investors who, for example, have receivables in Pound Sterling, or exposure to liabilities payments in the currency at future dates and even to trade on the currency trend in the future and thus make a profit. Through it the GBPUSD parity is traded directly, in other words, expectations on the Brazilian Real do not interfere in this contract.

  • Specifications
    UnderlyingThe exchange rate of U.S. Dollar (USD) per Pound Sterling (GBP).
    TickerGBR
    Contract sizeGBP 10,000.00
    QuotationUSD per GBP 1,000.00, to one decimal place
    Tick sizeUSD 0.10 per GBP 1,000.00.
    Round-lot1 contract
    Last trading dayLast trading day preceding the expiration date.
    Expiration date1st business day of the contract month.
    Contract monthsAll months.
    Settlement on expirationCash settlement.
  • Benefits
    • Protects the investor against price swings (hedging).
    • Enables position leverage.
    • Price transparency in electronic platform trades.