Trade major currency futures - British pound, euro, Japanese yen, Australian and Canadian dollars, Swiss franc, US dollar index, Mexican peso, and Brazilian real - with ultra-low commissions and direct market access.
Currency futures are the regulated, exchange-traded equivalent of the forex market. Unlike spot forex, currency futures trade on CME Group and ICE with full price transparency, centralized clearing, and no counterparty risk. Currency prices are driven by interest rate differentials between countries, inflation, economic growth, trade balances, and central bank policy. FOMC meetings, ECB decisions, Bank of Japan actions, and major economic data releases are key events for currency futures traders.
The British Pound is one of the most widely traded currency futures. GBP/USD is one of the oldest and most liquid currency pairs in the world. The pound is sensitive to Bank of England monetary policy, UK economic data, and Brexit-related political developments. The 6B contract is settled in USD, making it straightforward for US-based traders.
| Specification | Details |
|---|---|
| British Pound Futures (6B) - Standard Contract | |
| Contract Size | 62,500 British pounds |
| Tick Size | $0.0001 per pound = $6.25 per contract |
| Price Quote | USD per GBP |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Micro GBP/USD Futures (M6B) - 1/10th the size of 6B | |
| Contract Size | 6,250 British pounds (1/10th of 6B) |
| Tick Size | $0.0001 per GBP = $0.625 per contract |
| Trading Hours | Sunday – Friday 5:00 PM – 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| First Notice Day | Same as Last Trading Day |
| Settlement Method | Physical Delivery |
The US Dollar Index measures the value of the USD against a basket of six major currencies (EUR 57.6%, JPY 13.6%, GBP 11.9%, CAD 9.1%, SEK 4.2%, CHF 3.6%). The DX is the most direct way to trade the overall strength or weakness of the US dollar in the futures market. Federal Reserve policy is the single biggest driver of the Dollar Index.
| Specification | Details |
|---|---|
| US Dollar Index Futures (DX) - Standard Contract | |
| Contract Size | $1,000 × USDX value |
| Tick Size | 0.005 index points = $5.00 per contract |
| Price Quote | USD per index point |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 6:00 PM – Friday 5:00 PM ET |
| Last Trading Day | 2 business days prior to the 3rd Wednesday of the contract month |
| Settlement Method | Physical Delivery |
Euro FX futures are the most liquid currency futures contract in the world. EUR/USD is the most heavily traded currency pair globally. The euro is driven by ECB monetary policy, Eurozone inflation and growth data, and political developments within the European Union. The 6E contract is inversely correlated with the US Dollar Index.
| Specification | Details |
|---|---|
| Euro FX Futures (6E) - Standard Contract | |
| Contract Size | 125,000 euros |
| Tick Size | $0.00005 per euro = $6.25 per contract |
| Price Quote | USD per EUR |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Micro EUR/USD Futures (M6E) - 1/10th the size of 6E | |
| Contract Size | 12,500 euros (1/10th of 6E) |
| Tick Size | $0.0001 per EUR = $1.25 per contract |
| Trading Hours | Sunday – Friday 5:00 PM – 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| First Notice Day | Same as Last Trading Day |
| Settlement Method | Physical Delivery |
Japanese Yen futures are highly sensitive to Bank of Japan (BOJ) monetary policy, which has historically been ultra-loose. The yen is traditionally considered a safe-haven currency - it tends to strengthen during global risk-off periods. USD/JPY is one of the most volatile and widely watched currency pairs in the world.
| Specification | Details |
|---|---|
| Japanese Yen Futures (6J) - Standard Contract | |
| Contract Size | 12,500,000 Japanese yen |
| Tick Size | $0.0000005 per yen = $6.25 per contract |
| Price Quote | USD per JPY |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Micro JPY/USD Futures (MJY) - 1/10th the size of 6J | |
| Contract Size | 1,250,000 Japanese yen (1/10th of 6J) |
| Tick Size | $0.000001 per JPY = $1.25 per contract |
| Trading Hours | Sunday – Friday 5:00 PM – 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| First Notice Day | N/A - Financially Settled |
| Settlement Method | Financial Settlement (cash settled) |
The Australian Dollar is considered a commodity currency - it is closely correlated with commodity prices (particularly iron ore, copper, and coal) given Australia's large mining sector. The 6A is also sensitive to Chinese economic data, given China's importance as Australia's largest trading partner. The RBA (Reserve Bank of Australia) interest rate decisions are key market events.
| Specification | Details |
|---|---|
| Australian Dollar Futures (6A) - Standard Contract | |
| Contract Size | 100,000 Australian dollars |
| Tick Size | $0.0001 per AUD = $10.00 per contract |
| Price Quote | USD per AUD |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Micro AUD/USD Futures (M6A) - 1/10th the size of 6A | |
| Contract Size | 10,000 Australian dollars (1/10th of 6A) |
| Tick Size | $0.0001 per AUD = $1.00 per contract |
| Trading Hours | Sunday – Friday 5:00 PM – 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| First Notice Day | Same as Last Trading Day |
| Settlement Method | Physical Delivery |
The Canadian Dollar is closely correlated with crude oil prices, given Canada's position as a major oil exporter. The "loonie" is also sensitive to Bank of Canada policy, US economic data (given the close trade relationship), and commodity markets broadly. USD/CAD is often called the "oil currency pair" among forex traders.
| Specification | Details |
|---|---|
| Canadian Dollar Futures (6C) - Standard Contract | |
| Contract Size | 100,000 Canadian dollars |
| Tick Size | $0.00005 per CAD = $5.00 per contract |
| Price Quote | USD per CAD |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | Business day prior to the 3rd Wednesday of the contract month |
| Settlement Method | Physical Delivery |
The Swiss Franc is the ultimate safe-haven currency. During periods of global uncertainty, the CHF tends to strengthen significantly as investors seek safety. The Swiss National Bank (SNB) has historically intervened in currency markets to prevent excessive CHF appreciation, which can create sharp short-term moves. USD/CHF and EUR/CHF are closely watched pairs.
| Specification | Details |
|---|---|
| Swiss Franc Futures (6S) - Standard Contract | |
| Contract Size | 125,000 Swiss francs |
| Tick Size | $0.0001 per CHF = $12.50 per contract |
| Price Quote | USD per CHF |
| Contract Months | Mar, Jun, Sep, Dec |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Micro CHF/USD Futures (MSF) - 1/10th the size of 6S | |
| Contract Size | 12,500 Swiss francs (1/10th of 6S) |
| Tick Size | $0.0001 per CHF = $1.25 per contract |
| Trading Hours | Sunday – Friday 5:00 PM – 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| First Notice Day | Same as Last Trading Day |
| Settlement Method | Physical Delivery |
The Mexican Peso is the most liquid emerging market currency futures contract. The peso is sensitive to US-Mexico trade relations, BANXICO (Banco de México) interest rate decisions, oil prices (Mexico is a major oil producer), and risk sentiment globally. The 6M contract offers an opportunity to trade one of the most actively watched EM currencies.
| Specification | Details |
|---|---|
| Mexican Peso Futures (6M) - Standard Contract | |
| Contract Size | 500,000 Mexican pesos |
| Tick Size | $0.000001 per MXN = $0.50 per contract |
| Price Quote | USD per MXN |
| Contract Months | Mar, Jun, Sep, Dec (plus 2 nearby serial months) |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | 2nd business day prior to the 3rd Wednesday of the contract month |
| Settlement Method | Physical Delivery |
Brazilian Real futures provide exposure to Latin America's largest economy. The BRL is driven by Banco do Brasil (BCB) interest rate policy, commodity prices (Brazil is a major exporter of soybeans, iron ore, and oil), political developments, and global risk appetite. The real is one of the most volatile emerging market currencies.
| Specification | Details |
|---|---|
| Brazilian Real Futures (6L) - Standard Contract | |
| Contract Size | 100,000 Brazilian real |
| Tick Size | $0.00005 per BRL = $5.00 per contract |
| Price Quote | USD per BRL |
| Contract Months | All 12 calendar months |
| Trading Hours | Sunday 5:00 PM – Friday 4:00 PM CT (with 60-min break daily at 4:00 PM) |
| Last Trading Day | Last business day of the month preceding the delivery month |
| Settlement Method | Cash Settled |
Trade currency futures at Discount Trading with $0.49 or less per contract commission on standard futures and ultra-low day trading margins. Our 24/6 trade support desk is available during all market hours.