Clearing House Advisory Notices
To | Clearing Member Firms; Chief Financial Officers; Delivery Personnel
From | CME Clearing
Subject | June 2008 Currency Order-to-Pay Charges
Notice Date | 2008-06-26
Notice Number | 08-133
Effective Date | 2008-06-26
Listed below is the breakdown of order-to-pay charges per contract for the June 2008 currency deliveries. The Exchange assesses these charges on a pro rata basis among all longs and shorts settled outside of CLS, regardless whether your firm used an order-to-pay for any of its long transactions.
For the full text of this advisory...