CME® Euro FX/British pound cross-rate futures and options on futures began trading in 1999. The futures contract size is 125,000 euro per contract. Trading can occur in .00005 British pounds per euro increments (6.25 British pounds). Also, trades can occur in .000025 British pounds per euro increments (3.125 British pounds) for CME Euro FX/British pounds futures intra-currency spreads executed electronically or on the trading floor, and for All-or-None transactions.