CME
British Pound (6B) Tick Value & Contract Specs
Tick value $6.25 per tick — 62,500 British Pounds.
The British Pound future (6B) covers 62,500 pounds per contract — half the currency amount of the euro contract — and is quoted in dollars per pound. Its tick is a full 0.0001 (one spot pip), worth $6.25 per contract. That equivalence is convenient: a 6B contract's pip value matches 0.625 standard lots of spot GBP/USD, and a 100-pip cable move is $625 per contract.
Sterling has a deserved reputation for sharp, headline-driven moves — UK CPI mornings, Bank of England decisions and the occasional political shock produce some of the largest single-session ranges among major currencies. Futures traders get that movement with exchange clearing and visible volume rather than dealer quotes. Because 6B's currency unit differs from 6E's, don't assume the two contracts are interchangeable in size; check the specs table below first, then use the pre-filled tick value calculator to convert your planned stop distance into dollars before entry.
- Exchange
- CME
- Contract size
- 62,500 British Pounds
- Tick size
- 0.0001
- Tick value
- $6.25
- Point value (multiplier)
- $62500
- Trading hours
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:00pm–6:00pm ET
- Margin
- Margin varies by broker and typically moves with GBP/USD volatility.
How 6B tick value works
Tick value is the dollar amount one futures contract gains or loses when the price moves one minimum increment (one tick).
tick value = tick size × multiplier. For 6B, that is 0.0001 × $62500 = $6.25 per tick, per contract.
One contract represents 62,500 British Pounds. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.
Frequently asked questions
- What is the tick value for 6B?
- $6.25 per tick — a 0.0001 tick size × a $62500 multiplier (point value).
- What is one 6B contract worth?
- One contract represents 62,500 British Pounds. Notional value = price × $62500; use the tick value calculator with the current price for an exact figure.
- Which exchange lists 6B?
- British Pound (6B) trades on the CME.
- What are the trading hours for 6B?
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:00pm–6:00pm ET.
- How much margin do I need to trade 6B?
- Margin varies by broker and typically moves with GBP/USD volatility.
- How is P&L calculated for 6B?
- P&L = (exit price − entry price) ÷ 0.0001 tick size × $6.25 tick value × number of contracts. Use the tick value calculator to compute this directly.
More futures contract specs
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- MES — Micro E-mini S&P 500Tick value $1.25 · CME
- NQ — E-mini Nasdaq-100Tick value $5.00 · CME
- MNQ — Micro E-mini Nasdaq-100Tick value $0.50 · CME
See all futures contract specs or use the futures contract & tick value calculator with any symbol or custom specs.
Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.