Tier 1 Q19 - Q20 Back Golds Tier 2 Tier 3 Tier 1 Front Q21 - Q22 Tier 2 Purples Tier 3 Tier 1 Back Q23 - Q24 Tier 2 Purples Tier 3 CALENDAR SPREADS - Three month Sterling Futures Quotes Session Minimum Order Size Delivery Month Tier (bps) Presence (%) (lots) Tier 1 Q1 / Q2 Tier 2 Tier 3 Tier 1 Q2 / Q3 Tier 2 Tier 3 Tier 1 Q3 / Q4 Tier 2 Tier 3 Tier 1 Q4 / Q5 Tier 2 Tier 3 Tier 1 Q5 / Q6 Tier 2 Tier 3 BUTTERFLY SPREADS - Three month Sterling Futures Quotes Session Minimum Order Size Delivery Tier (bps) Presence (%) (lots) Tier 1 Q1 / Q2 / Q3 Tier 2
Q19 - Q20 Back Golds Tier 1 Tier 2 Tier 3 Q21 - Q22 Front Purples Tier 1 Tier 2 Tier 3 Q23 - Q24 Back Purples Tier 1 Tier 2 Tier 3 CALENDAR SPREADS - Three month Sterling Futures Delivery Month Tier Quotes (bps) Session Presence (%) Minimum Order Size (lots) Q1 / Q2 Tier 1 Tier 2 Tier 3 Q2 / Q3 Tier 1 Tier 2 Tier 3 Q3 / Q4 Tier 1 Tier 2 Tier 3 Q4 / Q5 Tier 1 Tier 2 Tier 3 Q5 / Q6 Tier 1 Tier 2 Tier 3 BUTTERFLY SPREADS - Three month Sterling Futures Delivery Tier Quotes (bps) Session Presence (%) Minimum Order Size (lots) Q1 / Q2 / Q3 Tier 1 Tier 2
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