British Pound (GBP) COT Report
Positions in CME British pound futures (GBP 62,500) as of Tuesday Oct 13, 2026, released by the CFTC on Friday Oct 16, 2026. Next report: positions as of Oct 20, 2026, scheduled for release on Friday Oct 23, 2026 at 3:30 p.m. ET.
CFTC Commitments of Traders report as of Oct 13, 2026
What changed this week
In the week to Tuesday Oct 13, 2026, large speculators (non-commercial traders) in British pound futures added to their net short by 9,353 contracts to 106,964, the 4th straight week their net position fell. That is their largest net short since Mar 2017. Their 3-year COT index stands at 0, on a scale where 0 is the lowest net position of the past 3 years (-106,964 on Oct 13, 2026) and 100 the highest (+142,183 on Jul 23, 2024). In the Traders in Financial Futures report, leveraged funds were net long 10,313 contracts, a weekly change of -2,119. Commercial hedgers were net long 121,444, a weekly change of +9,577. Open interest rose by 2,642 to 268,532 contracts.
Pound futures are priced in US dollars per pound, so a net long is positioned for a higher GBP/USD.
Positions by trader group
Contracts · Oct 13, 2026| Trader group | Report | Long | Short | Net | Net, w/w | Net % OI | 3-yr COT index |
|---|---|---|---|---|---|---|---|
| Large speculators (non-commercial) | Legacy | 44,185 | 151,149 | -106,964 | -9,353 | -39.8% | 0 |
| Commercials (hedgers) | Legacy | 199,291 | 77,847 | +121,444 | +9,577 | +45.2% | 99 |
| Small traders (non-reportable) | Legacy | 21,811 | 36,291 | -14,480 | -224 | -5.4% | 16 |
| Leveraged funds | TFF | 55,726 | 45,413 | +10,313 | -2,119 | +3.8% | 23 |
| Asset managers & institutional | TFF | 18,995 | 164,730 | -145,735 | -293 | -54.3% | 6 |
| Dealers & intermediaries | TFF | 160,395 | 9,599 | +150,796 | +2,763 | +56.2% | 96 |
| Other reportables | TFF | 475 | 1,369 | -894 | -127 | -0.3% | 65 |
- Large speculators (non-commercial): Reportable traders that do not qualify as commercial hedgers for this commodity.
- Commercials (hedgers): Reportable traders whose futures positions in this commodity are hedges as defined in CFTC Regulation 1.3.
- Small traders (non-reportable): Open interest left after subtracting all reportable positions; positions below the CFTC reporting levels.
- Leveraged funds: Typically hedge funds and money managers, including registered CTAs and CPOs.
- Asset managers & institutional: Pension funds, endowments, insurers, mutual funds and managers whose clients are mainly institutional.
- Dealers & intermediaries: The sell side: large banks and dealers in securities, swaps and other derivatives.
- Other reportables: Reportable traders that fit none of the three categories above, e.g. corporate treasuries and central banks.
Large speculators' net position, last 5 years
Contracts, weeklyCOT index by lookback (large speculators)
| Lookback | COT index | Percentile | Range low | Range high |
|---|---|---|---|---|
| 26 weeks | 0 | 4% | -106,964 Oct 13, 2026 | -43,059 May 12, 2026 |
| 52 weeks | 0 | 2% | -106,964 Oct 13, 2026 | -13,911 Feb 3, 2026 |
| 3 years | 0 | 1% | -106,964 Oct 13, 2026 | +142,183 Jul 23, 2024 |
| All history (since 2006) | 0 | 0% | -107,844 Mar 21, 2017 | +142,183 Jul 23, 2024 |
0 = lowest net position of the lookback, 100 = highest. Percentile = share of weeks in the lookback with a net position at or below this week's.
Positioning extremes
| Window | Highest net | Lowest net |
|---|---|---|
| Past 52 weeks | -11,629 Oct 14, 2025 | -106,964 Oct 13, 2026 |
| Past 3 years | +142,183 Jul 23, 2024 | -106,964 Oct 13, 2026 |
| Past 5 years | +142,183 Jul 23, 2024 | -106,964 Oct 13, 2026 |
| Since Jan 3, 2006 | +142,183 Jul 23, 2024 | -107,844 Mar 21, 2017 |
| Window | Highest net | Lowest net |
|---|---|---|
| Past 52 weeks | +47,909 Aug 25, 2026 | -1,329 Nov 25, 2025 |
| Past 3 years | +83,168 Jul 23, 2024 | -12,063 May 7, 2024 |
| Past 5 years | +83,168 Jul 23, 2024 | -14,060 Dec 28, 2021 |
| Since Jun 13, 2006 | +127,689 Apr 22, 2014 | -90,282 Nov 1, 2016 |
Weekly history, last 3 years
Download full history (CSV)| Report date | Large specs net | w/w | Leveraged funds net | Commercials net | Open interest | 3-yr index |
|---|---|---|---|---|---|---|
| 2026-10-13 | -106,964 | -9,353 | +10,313 | +121,444 | 268,532 | 0 |
| 2026-10-06 | -97,611 | -6,536 | +12,432 | +111,867 | 265,890 | 3 |
| 2026-09-29 | -91,075 | -8,507 | +4,606 | +100,882 | 251,740 | 6 |
| 2026-09-22 | -82,568 | -23,853 | +13,239 | +87,680 | 244,925 | 9 |
| 2026-09-15 | -58,715 | +121 | +18,878 | +57,065 | 314,293 | 19 |
| 2026-09-08 | -58,836 | -9,261 | +34,627 | +57,102 | 318,608 | 19 |
| 2026-09-01 | -49,575 | -5,051 | +43,167 | +45,803 | 317,961 | 23 |
| 2026-08-25 | -44,524 | +10,049 | +47,909 | +38,663 | 318,468 | 25 |
| 2026-08-18 | -54,573 | +1,648 | +42,877 | +50,353 | 286,371 | 21 |
| 2026-08-11 | -56,221 | +1,593 | +40,670 | +58,887 | 256,447 | 20 |
| 2026-08-04 | -57,814 | +7,000 | +38,174 | +62,645 | 246,577 | 19 |
| 2026-07-28 | -64,814 | -9,253 | +41,097 | +72,810 | 267,426 | 17 |
| 2026-07-21 | -55,561 | +15,692 | +33,236 | +56,299 | 262,281 | 20 |
| 2026-07-14 | -71,253 | +16,650 | +28,541 | +78,244 | 265,153 | 14 |
| 2026-07-07 | -87,903 | +14,244 | +17,979 | +98,366 | 282,969 | 7 |
| 2026-06-30 | -102,147 | +3,572 | +16,273 | +121,297 | 295,062 | 1 |
| 2026-06-23 | -105,719 | -34,134 | +7,567 | +123,431 | 297,226 | 0 |
| 2026-06-16 | -71,585 | -7,372 | +16,836 | +79,925 | 323,315 | 9 |
| 2026-06-09 | -64,213 | -11,995 | +22,312 | +75,870 | 291,371 | 12 |
| 2026-06-02 | -52,218 | +9,180 | +27,353 | +61,093 | 271,147 | 17 |
| 2026-05-26 | -61,398 | +2,909 | +28,829 | +63,548 | 282,065 | 14 |
| 2026-05-19 | -64,307 | -21,248 | +31,369 | +68,698 | 285,647 | 12 |
| 2026-05-12 | -43,059 | +20,849 | +37,302 | +44,651 | 283,643 | 21 |
| 2026-05-05 | -63,908 | -3,269 | +26,049 | +65,684 | 276,143 | 12 |
| 2026-04-28 | -60,639 | -8,600 | +28,882 | +64,120 | 263,635 | 14 |
| 2026-04-21 | -52,039 | +2,685 | +29,137 | +56,839 | 263,523 | 17 |
| 2026-04-14 | -54,724 | +1,630 | +22,331 | +59,248 | 250,053 | 16 |
| 2026-04-07 | -56,354 | -3,689 | +26,533 | +62,698 | 244,191 | 16 |
| 2026-03-31 | -52,665 | +5,757 | +29,932 | +61,408 | 243,461 | 17 |
| 2026-03-24 | -58,422 | +7,093 | +15,716 | +61,187 | 238,862 | 15 |
| 2026-03-17 | -65,515 | +18,682 | +11,768 | +70,330 | 243,434 | 12 |
| 2026-03-10 | -84,197 | -11,511 | +20,102 | +86,911 | 392,591 | 4 |
| 2026-03-03 | -72,686 | -15,614 | +34,506 | +77,305 | 269,696 | 9 |
| 2026-02-24 | -57,072 | -14,668 | +40,151 | +56,176 | 245,891 | 15 |
| 2026-02-17 | -42,404 | -16,594 | +42,366 | +37,654 | 238,845 | 22 |
| 2026-02-10 | -25,810 | -11,899 | +43,479 | +15,116 | 227,574 | 29 |
| 2026-02-03 | -13,911 | +2,251 | +35,411 | +7,064 | 227,888 | 34 |
| 2026-01-27 | -16,162 | +5,818 | +37,143 | +5,464 | 224,459 | 33 |
| 2026-01-20 | -21,980 | +3,290 | +40,778 | +17,082 | 207,612 | 30 |
| 2026-01-13 | -25,270 | +5,268 | +38,090 | +25,504 | 207,867 | 29 |
| 2026-01-06 | -30,538 | +2,669 | +28,947 | +29,238 | 206,314 | 27 |
| 2025-12-30 | -33,207 | +7,992 | +25,691 | +34,483 | 196,003 | 25 |
| 2025-12-23 | -41,199 | +7,299 | +18,835 | +43,656 | 198,132 | 22 |
| 2025-12-16 | -48,498 | +27,017 | +14,548 | +50,409 | 282,031 | 19 |
| 2025-12-09 | -75,515 | +4,665 | +6,468 | +84,282 | 332,405 | 8 |
| 2025-12-02 | -80,180 | +13,041 | +4,865 | +89,215 | 299,768 | 6 |
| 2025-11-25 | -93,221 | -13,964 | -1,329 | +102,000 | 315,550 | 0 |
| 2025-11-18 | -79,257 | +1,747 | +8,725 | +93,096 | 279,341 | 1 |
| 2025-11-10 | -81,004 | -25,985 | +12,554 | +92,403 | 272,612 | 0 |
| 2025-11-04 | -55,019 | -34,757 | +25,923 | +66,827 | 270,917 | 0 |
| 2025-10-28 | -20,262 | -3,487 | +40,393 | +27,100 | 248,118 | 13 |
| 2025-10-21 | -16,775 | -5,146 | +39,657 | +15,605 | 233,484 | 16 |
| 2025-10-14 | -11,629 | -7,153 | +39,094 | +16,790 | 237,520 | 20 |
| 2025-10-07 | -4,476 | +4,418 | +34,862 | +3,529 | 247,550 | 24 |
| 2025-09-30 | -8,894 | -6,930 | +32,111 | +7,746 | 226,426 | 22 |
| 2025-09-23 | -1,964 | +4,616 | +27,662 | -3,204 | 233,166 | 25 |
| 2025-09-16 | -6,580 | +27,025 | +21,613 | -5,099 | 234,531 | 24 |
| 2025-09-09 | -33,605 | -465 | +16,955 | +29,784 | 322,879 | 16 |
| 2025-09-02 | -33,140 | -1,787 | +21,679 | +31,804 | 226,437 | 17 |
| 2025-08-26 | -31,353 | -6,168 | +23,654 | +25,962 | 219,906 | 17 |
| 2025-08-19 | -25,185 | +13,908 | +22,454 | +20,792 | 219,831 | 20 |
| 2025-08-12 | -39,093 | -5,790 | +27,369 | +35,517 | 216,082 | 14 |
| 2025-08-05 | -33,303 | -21,275 | +39,972 | +32,643 | 206,254 | 17 |
| 2025-07-29 | -12,028 | -12,598 | +47,701 | +13,324 | 207,879 | 27 |
| 2025-07-22 | +570 | -28,621 | +51,517 | -5,739 | 195,467 | 33 |
| 2025-07-15 | +29,191 | -4,003 | +47,523 | -37,481 | 187,275 | 46 |
| 2025-07-08 | +33,194 | +1,795 | +36,649 | -43,542 | 191,557 | 48 |
| 2025-07-01 | +31,399 | -2,996 | +30,106 | -43,971 | 188,689 | 47 |
| 2025-06-24 | +34,395 | -8,462 | +41,684 | -44,035 | 179,898 | 49 |
| 2025-06-17 | +42,857 | -8,777 | +35,848 | -52,063 | 177,026 | 53 |
| 2025-06-10 | +51,634 | +16,419 | +41,530 | -60,562 | 213,940 | 57 |
| 2025-06-03 | +35,215 | -164 | +39,399 | -48,965 | 233,601 | 50 |
| 2025-05-27 | +35,379 | +11,386 | +38,734 | -46,867 | 202,990 | 51 |
| 2025-05-20 | +23,993 | -3,223 | +32,196 | -33,817 | 195,326 | 47 |
| 2025-05-13 | +27,216 | -2,019 | +32,386 | -32,059 | 194,861 | 48 |
| 2025-05-06 | +29,235 | +5,276 | +30,531 | -34,736 | 200,214 | 49 |
| 2025-04-29 | +23,959 | +3,469 | +27,548 | -29,723 | 192,312 | 47 |
| 2025-04-22 | +20,490 | +13,981 | +29,767 | -25,439 | 179,555 | 45 |
| 2025-04-15 | +6,509 | -10,801 | +34,058 | -9,489 | 177,006 | 39 |
| 2025-04-08 | +17,310 | -17,316 | +44,408 | -15,795 | 176,910 | 44 |
| 2025-04-01 | +34,626 | -9,657 | +48,250 | -38,790 | 187,160 | 52 |
| 2025-03-25 | +44,283 | +14,881 | +40,706 | -50,682 | 191,212 | 56 |
| 2025-03-18 | +29,402 | +209 | +31,956 | -38,744 | 180,841 | 49 |
| 2025-03-11 | +29,193 | +10,619 | +27,933 | -32,361 | 248,457 | 49 |
| 2025-03-04 | +18,574 | +14,111 | +33,750 | -13,710 | 200,634 | 44 |
| 2025-02-25 | +4,463 | +5,042 | +32,068 | +6,186 | 200,468 | 38 |
| 2025-02-18 | -579 | +2,589 | +34,804 | +10,797 | 203,370 | 36 |
| 2025-02-11 | -3,168 | +8,155 | +31,622 | +16,480 | 208,138 | 35 |
| 2025-02-04 | -11,323 | +10,349 | +22,899 | +25,029 | 204,644 | 31 |
| 2025-01-28 | -21,672 | -13,415 | +19,928 | +39,354 | 206,821 | 26 |
| 2025-01-21 | -8,257 | -8,695 | +33,048 | +28,749 | 212,688 | 32 |
| 2025-01-14 | +438 | -14,068 | +34,874 | +14,985 | 200,826 | 36 |
| 2025-01-07 | +14,506 | -6,329 | +47,313 | -5,723 | 188,770 | 43 |
| 2024-12-31 | +20,835 | +1,512 | +49,108 | -14,252 | 188,879 | 45 |
| 2024-12-24 | +19,323 | -2,324 | +52,674 | -12,844 | 188,844 | 45 |
| 2024-12-17 | +21,647 | -5,478 | +54,541 | -16,258 | 187,135 | 46 |
| 2024-12-10 | +27,125 | +7,799 | +41,462 | -21,904 | 311,725 | 48 |
| 2024-12-03 | +19,326 | -2,308 | +52,240 | -8,995 | 243,504 | 45 |
| 2024-11-26 | +21,634 | -18,681 | +55,942 | -12,786 | 239,062 | 46 |
| 2024-11-19 | +40,315 | -15,735 | +50,711 | -39,066 | 220,896 | 54 |
| 2024-11-12 | +56,050 | +10,966 | +48,537 | -59,148 | 212,345 | 61 |
| 2024-11-05 | +45,084 | -21,272 | +42,279 | -55,560 | 219,857 | 56 |
| 2024-10-29 | +66,356 | -8,220 | +56,721 | -74,301 | 221,535 | 66 |
| 2024-10-22 | +74,576 | -11,226 | +55,850 | -81,062 | 230,130 | 70 |
| 2024-10-15 | +85,802 | -7,333 | +58,778 | -99,448 | 250,150 | 75 |
| 2024-10-08 | +93,135 | -630 | +65,860 | -108,008 | 255,908 | 78 |
| 2024-10-01 | +93,765 | +6,773 | +63,340 | -111,435 | 257,312 | 78 |
| 2024-09-24 | +86,992 | +24,013 | +61,693 | -104,383 | 251,641 | 75 |
| 2024-09-17 | +62,979 | -27,309 | +45,659 | -79,751 | 212,595 | 64 |
| 2024-09-10 | +90,288 | -17,790 | +56,624 | -107,278 | 272,336 | 77 |
| 2024-09-03 | +108,078 | +18,147 | +65,343 | -120,955 | 285,461 | 85 |
| 2024-08-27 | +89,931 | +22,420 | +54,603 | -105,245 | 274,215 | 77 |
| 2024-08-20 | +67,511 | +19,699 | +43,765 | -79,955 | 231,383 | 66 |
| 2024-08-13 | +47,812 | -26,587 | +45,513 | -58,340 | 205,569 | 58 |
| 2024-08-06 | +74,399 | -37,072 | +57,488 | -81,080 | 224,042 | 70 |
| 2024-07-30 | +111,471 | -30,712 | +71,671 | -123,159 | 268,554 | 86 |
| 2024-07-23 | +142,183 | +9,281 | +83,168 | -154,269 | 289,241 | 100 |
| 2024-07-16 | +132,902 | +48,212 | +69,661 | -149,118 | 280,623 | 100 |
| 2024-07-09 | +84,690 | +22,649 | +54,228 | -94,586 | 224,179 | 100 |
| 2024-07-02 | +62,041 | +17,993 | +50,282 | -65,059 | 198,119 | 94 |
| 2024-06-25 | +44,048 | -3,573 | +38,680 | -45,026 | 207,697 | 82 |
| 2024-06-18 | +47,621 | -4,500 | +38,966 | -48,760 | 207,303 | 85 |
| 2024-06-11 | +52,121 | +8,911 | +18,274 | -56,434 | 275,487 | 88 |
| 2024-06-04 | +43,210 | +17,808 | +12,950 | -48,778 | 267,750 | 82 |
| 2024-05-28 | +25,402 | +24,349 | +3,226 | -32,173 | 268,749 | 70 |
| 2024-05-21 | +1,053 | +21,128 | -2,580 | -20 | 223,976 | 54 |
| 2024-05-14 | -20,075 | +1,738 | -10,494 | +26,795 | 223,242 | 40 |
| 2024-05-07 | -21,813 | +7,177 | -12,063 | +32,970 | 223,730 | 39 |
| 2024-04-30 | -28,990 | -2,757 | -2,844 | +43,560 | 235,610 | 34 |
| 2024-04-23 | -26,233 | -34,852 | +6,902 | +40,853 | 242,821 | 36 |
| 2024-04-16 | +8,619 | -19,633 | +18,977 | +2,972 | 229,420 | 59 |
| 2024-04-09 | +28,252 | -15,162 | +26,671 | -27,055 | 211,286 | 72 |
| 2024-04-02 | +43,414 | +8,244 | +47,487 | -39,400 | 219,176 | 82 |
| 2024-03-26 | +35,170 | -18,030 | +32,276 | -37,085 | 203,109 | 77 |
| 2024-03-19 | +53,200 | -17,251 | +32,014 | -57,617 | 197,398 | 89 |
| 2024-03-12 | +70,451 | +12,066 | +22,768 | -78,920 | 277,702 | 100 |
| 2024-03-05 | +58,385 | +12,027 | +31,387 | -64,123 | 221,726 | 96 |
| 2024-02-27 | +46,358 | +46 | +26,575 | -51,590 | 210,828 | 88 |
| 2024-02-20 | +46,312 | -4,160 | +29,826 | -49,006 | 199,275 | 88 |
| 2024-02-13 | +50,472 | +15,997 | +35,418 | -46,883 | 199,070 | 91 |
| 2024-02-06 | +34,475 | +322 | +31,712 | -28,872 | 199,246 | 80 |
| 2024-01-30 | +34,153 | +2,716 | +27,505 | -37,380 | 192,229 | 79 |
| 2024-01-23 | +31,437 | +506 | +28,864 | -34,339 | 185,680 | 78 |
| 2024-01-16 | +30,931 | +10,197 | +27,882 | -30,980 | 179,758 | 77 |
| 2024-01-09 | +20,734 | +5,529 | +28,648 | -22,875 | 172,631 | 70 |
| 2024-01-02 | +15,205 | +1,113 | +31,254 | -17,250 | 177,770 | 66 |
| 2023-12-26 | +14,092 | -5,834 | +28,743 | -21,902 | 175,138 | 66 |
| 2023-12-19 | +19,926 | -1,655 | +33,242 | -27,440 | 177,998 | 70 |
| 2023-12-12 | +21,581 | +9,916 | +20,049 | -20,101 | 243,677 | 71 |
| 2023-12-05 | +11,665 | +19,560 | +14,805 | -11,983 | 218,873 | 64 |
| 2023-11-28 | -7,895 | +18,203 | +3,152 | +10,064 | 217,372 | 50 |
| 2023-11-21 | -26,098 | +1,632 | +6,335 | +31,208 | 208,657 | 38 |
| 2023-11-14 | -27,730 | -11,478 | +13,739 | +35,439 | 216,411 | 37 |
| 2023-11-07 | -16,252 | +4,119 | +22,261 | +29,166 | 212,730 | 44 |
| 2023-10-31 | -20,371 | -1,735 | +26,233 | +34,154 | 229,991 | 42 |
| 2023-10-24 | -18,636 | -7,427 | +26,756 | +27,337 | 233,259 | 43 |
| 2023-10-17 | -11,209 | -1,161 | +34,424 | +19,971 | 222,945 | 48 |
Year-by-year history (large speculators)
| Year | Reports | Average net | Highest | Lowest | Last report | Avg open interest |
|---|---|---|---|---|---|---|
| 2026 | 41 | -59,926 | -13,911 Feb 3 | -106,964 Oct 13 | -106,964 | 267,540 |
| 2025 | 52 | -5,622 | +51,634 Jun 10 | -93,221 Nov 25 | -33,207 | 220,144 |
| 2024 | 53 | +48,494 | +142,183 Jul 23 | -28,990 Apr 30 | +20,835 | 228,262 |
| 2023 | 52 | +8,194 | +63,729 Jul 18 | -29,456 Jan 10 | +14,092 | 221,169 |
| 2022 | 52 | -41,732 | +2,237 Feb 15 | -80,372 May 24 | -10,887 | 233,547 |
| 2021 | 52 | +4,970 | +36,082 Mar 2 | -57,686 Dec 21 | -50,719 | 174,185 |
| 2020 | 52 | -986 | +35,162 Mar 3 | -36,044 Jun 2 | +4,832 | 172,931 |
| 2019 | 52 | -44,948 | +12,393 Dec 31 | -102,702 Aug 6 | +12,393 | 214,860 |
| 2018 | 53 | -18,701 | +47,702 Apr 17 | -79,258 Sep 18 | -56,914 | 212,087 |
| 2017 | 52 | -39,502 | +20,388 Dec 19 | -107,844 Mar 21 | +12,676 | 218,834 |
| 2016 | 52 | -60,268 | -13,619 Mar 15 | -97,572 Oct 4 | -57,099 | 244,974 |
| 2015 | 52 | -21,924 | +7,537 Oct 20 | -45,708 Jan 20 | -31,022 | 173,486 |
| 2014 | 52 | +16,641 | +56,412 Jul 1 | -31,014 Dec 2 | -19,302 | 207,296 |
| 2013 | 52 | -25,266 | +28,338 Jan 15 | -77,738 Jun 4 | +22,781 | 183,466 |
| 2012 | 53 | -1,560 | +37,321 Dec 24 | -41,848 Mar 13 | +36,308 | 162,216 |
| 2011 | 52 | -8,102 | +52,572 Feb 15 | -68,724 Oct 4 | -29,172 | 127,975 |
| 2010 | 52 | -30,028 | +23,771 Nov 16 | -76,745 May 18 | -13,121 | 114,024 |
| 2009 | 52 | -23,268 | -1,658 Aug 18 | -65,346 Oct 13 | -29,475 | 90,445 |
| 2008 | 52 | -19,908 | +29,140 Mar 18 | -49,359 Sep 16 | -35,843 | 108,163 |
| 2007 | 53 | +51,079 | +98,366 Jul 17 | -2,809 Dec 31 | -2,809 | 130,766 |
| 2006 | 52 | +27,428 | +85,598 Dec 19 | -24,644 Feb 14 | +73,844 | 107,602 |
About this data
Source: the U.S. Commodity Futures Trading Commission's Commitments of Traders reports, read from the CFTC's public reporting API. Contract: CME British pound futures (GBP 62,500), CFTC contract market code 096742. Every figure is in contracts and comes from the futures-only reports: the Legacy report (dataset 6dca-aqww) for large speculators, commercials and small traders, and the Traders in Financial Futures report (dataset gpe5-46if) for leveraged funds, asset managers and dealers.
Net position = long minus short contracts; spreading positions are excluded. Weekly changes for the Legacy groups are the CFTC's own; for the TFF groups they are the difference from the previous report. The COT index and percentiles are AlphaScala calculations over the stored weekly history, which starts on Jan 3, 2006 (1,085 reports). The data describes what traders held on each Tuesday; it is not a forecast or a recommendation. See the methodology for how AlphaScala sources data.
FAQ
What does the British Pound (GBP) COT report show?
The CFTC's weekly Commitments of Traders report breaks down open interest in CME British pound futures (GBP 62,500), CFTC contract code 096742, by type of trader. This page uses two of its reports: the Legacy report, which splits reportable traders into commercial and non-commercial, and the Traders in Financial Futures report, which splits them into dealers, asset managers, leveraged funds and other reportables. Both are the futures-only versions, so options positions are not included. The latest report here holds positions as of Oct 13, 2026.
When is the COT report released?
The CFTC collects positions as of the close of business on Tuesday and generally publishes them on Friday at 3:30 p.m. Eastern time. A federal holiday between the Tuesday and the Friday delays the release, typically to the following Monday (Veterans Day, Thanksgiving and Christmas weeks, for example), and the CFTC lists those dates on its release schedule in advance; a Monday holiday such as Columbus Day does not. Publication stops during a lapse in federal funding, with the missed reports released afterwards. AlphaScala checks for the new report on Friday evening and again on Monday (UTC).
Who counts as a large speculator in the COT report?
In the Legacy report, a reportable trader is classified as commercial in a commodity if it uses futures in that commodity for hedging as defined in CFTC Regulation 1.3. Traders generally get that classification by filing CFTC Form 40, and CFTC staff can reclassify them. Every other reportable trader is non-commercial, the group COT readers call large speculators. A trader can be commercial in one commodity and non-commercial in another, but not both in the same commodity.
What are leveraged funds and asset managers in the COT report?
In the Traders in Financial Futures report, leveraged funds are typically hedge funds and other money managers, including registered commodity trading advisors (CTAs), registered commodity pool operators (CPOs) and unregistered funds the CFTC identifies. Asset managers are institutional investors: pension funds, endowments, insurance companies, mutual funds and managers whose clients are mainly institutional. Dealers are the sell side, mostly large banks and dealers in securities, swaps and other derivatives.
What are non-reportable positions?
The CFTC sets a reporting level for each contract, and clearing members, futures commission merchants and foreign brokers report every trader at or above it. Non-reportable positions are what is left of open interest after subtracting all reportable positions, so the number of those traders and whether they are hedgers is unknown. They are usually read as small traders.
How is the COT index calculated?
COT index = (current net position − lowest net position in the lookback) ÷ (highest − lowest) × 100, using the weekly net position of large speculators (longs minus shorts; spreading positions are left out). 0 is the most net short, or least net long, of the lookback and 100 the most net long. AlphaScala shows 26-week, 52-week and 3-year versions, plus a percentile: the share of weeks in the window with a net position at or below the current one. Both describe positioning relative to its own history; neither is a forecast.
What does a net long in British pound futures mean?
Pound futures are priced in US dollars per pound, so a net long is positioned for a higher GBP/USD.