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Contract specs

M6B tick value & contract specs

Micro GBP/USD (M6B) futures trade on CME. The price moves in ticks of 0.0001, each tick is worth $0.625 per contract, and a full one-point move is worth $6,250 per contract.

M6B contract specifications

SymbolM6B
ContractMicro GBP/USD
ExchangeCME
Tick size0.0001
Tick value (per contract)$0.625
Point value (per contract)$6,250
Ticks per point10,000
Contract size6,250 GBP
Electronic hours (ET)Sun–Fri 6:00pm – 5:00pm, daily break 5:00–6:00pm

Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.

This is the smaller version of 6B (British Pound), which is worth $6.25 per tick. 6B specs →

M6B ticks to dollars

10 ticks × 1 contract = $6.25

M6B tick value table

Dollar value of a move in M6B before commissions, at $0.625 per tick per contract.

Ticks1 contract2 contracts5 contracts10 contracts
1$0.625$1.25$3.125$6.25
4$2.50$5$12.50$25
10$6.25$12.50$31.25$62.50
20$12.50$25$62.50$125
40$25$50$125$250

Worked example

You buy 2 M6B contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $0.625 × 2 contracts = $12.50. The same move against you is a loss of the same amount.

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Frequently asked questions

$0.625 per contract. M6B moves in increments of 0.0001, and each increment changes the value of one contract by $0.625.

$6,250 per contract. One point is 10,000 ticks of 0.0001.

No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.

More contracts: Currency (FX)

Futures P&L calculator with M6B selectedFutures Position Size Calculator (Free, No Signup) — FillbookFutures Trading Journal: Auto-Sync & Real Tick P&L — FillbookAll futures tick values

These are the tick and point values Fillbook uses to calculate P&L on every logged M6B trade. Confirm specifications with the exchange before trading. CME contract specifications