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GBP-USD Futures

Dubai Gold and Commodities Exchange provides local participants with futures contracts in the world major six currencies that are the Euro (EUR), Pound Sterling (GBP), Japanese Yen (JPY), Swiss Franc (CHF), Canadian Dollar (CAD) and Australian Dollar (AUD) versus the USD.




Contract Symbol



Stearling Pound (BP)

Contract Size


Notional Contract Value


Trading Currency

US Dollar

Settlement Currency

US Dollar

Price Quote

Business day immediately folloing the last trading day

Tick Size

US$ 0.0001 per £ or US$ 5 per tick

Tick Value

US$ 5

Settlement Basis



Physically Deliverable

Last Day of Trading

Two Business days before third Wednesday of expiry month

Trading Days

Monday through to Friday

Trading Hours

07:00 - 23:55 Hours Dubai time (GMT+4)

Trading Months

Mar, Jun, Sep and Dec

New Contract Listing

Business day immediately folloing the last trading day

Max Order Size

500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots

Daily Price Movement Limit

No Price Limits - Note 1*

Initial Margin based on SPAN

Click on the "Initial Margin" TAB

Calendar Spread Margin

100% benefits is offered on calendar spread positions

Delivery Period Margin

Five times the Initial Margin


Note 1*: For the avoidance of "fat finger" errors, price band shall be 1.5 US Cents from previous settlement price If price breaches the daily price movement limit, trading in particular contract shall continue, with the new trading price range without any cooling period