GBP/EUR Futures 
Exchange contract code FPE
Contract size GBP 10,000
Unit of trading 100
Pricing unit/quotation EUR per GBP 100
Minimum price movement (tick size and value) Central Order Book and Large-in-Scale Facility: EUR 0.01 (EUR 1 per contract)
Expiry months 1, 2, 3 monthly and 6, 9, 12 months quarterly (of the March, June, September, December cycle)
Introduction of new expiry months New expiry months are available for trading on the first business day after the expiry of a maturity.
Wholesale services Large-in-Scale Facility.
See the “LIS Thresholds” document for the minimum size thresholds.
Market Amsterdam
Last trading day Trading ceases at 14:00 CET on the third Friday of the expiry month. In the event that the third Friday is not a business day, the Last Trading Day shall normally be the last business day preceding the third Friday.
Settlement Cash Settlement based on the EDSP
Settlement day First business day after the Last Trading Day
Exchange Delivery Settlement Price (EDSP) Price determined on the Last Trading Day, based on the EUR/GBP rate set by BFIX: Bloomberg FX Fixings at 14:00 CET and rounded to four decimal places.
Clearing organization LCH S.A. 
Trading hours Central Order Book: 09:00 – 17:30 CET
Large-in-Scale Facility: 07:15 – 18:30 CET
Trading platform Optiq
Algorithm Central order book applies a price-time trading algorithm with priority given to the first order at the best price.
Last update 25 November 2019
In the United States these products may only be offered and sold to prescribed entities under specified conditions.
Related documentation
Related documentation