Clearing House Advisory Notices
To | Clearing Member Firms, Attn: Back Office Managers, Delivery Personnel
From | Clearing House Department
Subject | Allocation of April 2006 Currency Order-to-Pay Charges
Notice Date | 2006-04-25
Notice Number | 06-104
Effective Date | 2006-04-25
Listed below is the breakdown of Order-to-Pay charges per contract for the April 2006 currency deliveries. The CME assesses these charges on a pro rata basis among all longs and shorts, regardless of whether you firm used an order-to-pay for any of its long transactions. Order-to-Pay Charge Per Contract MP Mexican Peso $0.68 The order-to-pay charge will be assessed to each naked long and each naked short participating in currency deliveries. These charges will appear on you “Chicago Mercantile Exchange” monthly statement. If you have any questions, please contact the Deliveries Unit, at (312) 930-3172. Printer Friendly Version. . .