M6B Futures (Micro British Pound): Tick Value, Expiries, Order Flow
M6B, the CME Micro British Pound future, covers 6,250 British pounds quoted in U.S. dollars per British pound; its $0.0001 tick is worth $0.625. Quarterly contracts stop trading two business days before the third Wednesday: M6BZ6 ends December 14, 2026.
Senzoukria · Futures contracts · Updated September 2026
Contract specifications
- Exchange
- CME (CME Group)
- Contract unit
- 6,250 British pounds
- Price quotation
- U.S. dollars per British pound
- Tick size
- $0.0001 per British pound
- Tick value
- $0.625
- Listed months in Senzoukria
- H, M, U, Z (Mar, Jun, Sep, Dec)
- Last trading day
- Second business day before the third Wednesday of the contract month
- Settlement
- Physical delivery of the currency
- Front month on Sep 25, 2026
- M6BZ6
M6B contract specifications
The trading unit is 6,250 British pounds, quoted in U.S. dollars per British pound. The minimum fluctuation on CME Globex is $0.0001 per British pound, equal to $0.625 per contract; one tick is one pip. Open contracts are settled by physical delivery of the currency on the third Wednesday of the contract month. Senzoukria's contract table holds the same tick and multiplier.
M6B last trading day and next contracts
Trading ends on the second business day preceding the third Wednesday of the contract month. If the computed last trading day is a bank holiday in Chicago or New York, trading ends on the preceding business day common to both cities' banks and the exchange.
For M6BZ6, the default moves to the next listed month on December 10, 2026 (4 calendar days before December 14, 2026), and M6BZ6 stays selectable with its badge until that date.
| Contract | Delivery month | Last trading day |
|---|---|---|
| M6BZ6 | December 2026 | Dec 14, 2026 (Mon) |
| M6BH7 | March 2027 | Mar 15, 2027 (Mon) |
M6B tick value and P&L arithmetic
- One tick = $0.0001 × 6,250 = $0.625.
- 20 pips ($0.002) = 20 ticks = $12.50 per contract.
- On 3 contracts, the same move is $37.50.
- The same 20 pips on 6B are $125 per contract.
Reading M6B order flow
With row resolution off, an M6B footprint has one row per $0.0001 tick. The fixed steps give 2 ticks = $0.0002, 4 ticks = $0.0004, 8 ticks = $0.0008, 16 ticks = $0.0016, 32 ticks = $0.0032 per row. Grouping keeps totals exact but the POC then names a row, not a price.
M6B is 6,250 pounds with the same one-pip tick as 6B, so each tick is $0.625 and ten M6B equal one 6B in point value. It is a separate book: 6B depth and prints do not appear on M6B, and thresholds calibrated on 6B lots are meaningless in M6B lots.
Using M6B in Senzoukria
- Symbol picker on a Rithmic or Databento CME source: type M6B; on September 25, 2026 the listed contract is M6BZ6 (December 2026), in the Currencies family.
- Replay lists M6B in the Currencies group. In the automatic backtest, set Point value ($) to 6,250, the dollar value of a move of one dollar per British pound; the field defaults to 2.
- CME currency futures are a different market from spot forex: centralized book, exchange volume and a delivery date. Senzoukria reads them through a futures connection, not through a forex broker.
Related pages
- 6B — British Pound
- Spot FX vs currency futures
- Forex order flow data
- Tick value
- Front month and expiry rules in Senzoukria
- Footprint charts
In the same section
Sources
- CME Rulebook, Chapter 290: Micro British Pound/U.S. Dollar (GBP/USD) futures (2026-09-25)
- CME Group, Micro British Pound futures calendar (2026-09-25)
This page in other languages
Frequently asked questions
- How much is one M6B tick worth?
- $0.625. The tick is $0.0001 per British pound and the contract is 6,250 British pounds, so 0.0001 × 6,250 = $0.625.
- How many M6B contracts match one 6B contract?
- Ten. 6B covers 62,500 pounds and M6B 6,250 pounds, both with a one-pip tick, so ten M6B move $6.25 per pip like one 6B. The fills are not equivalent, since the two books are separate.