Leave FX Spot Market for Currency Futures

Discussion in 'Financial Futures' started by Kalparker, Oct 28, 2010.

  1. Hey I am curious how to convert my trade size's from my fx spot trades to fx futures.

    If i am trading a 1 million eur/usd or gbp/usd

    is the equivalent futures 10 eur futures and say 10 gbp or is it different?
     
  2. 6B = £62500 6E = €125000
     
  3. JamesL

    JamesL

    Some contracts are 125k like 6e 6j and 6s. Some are 100k. And 6b (pound) is 62500. Go to cme website and look at contract specs to determine proper math. In answer to your question you would need 8 euro contracts and 16 pound contracts to equate with 1 mil spot sizes you are used to trading.