Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | Allocation of March 2007 Currency Order-to-Pay Charges
Notice Date | 2007-03-29
Notice Number | 07-84
Effective Date | 2007-03-29
Listed below is the breakdown of order-to-pay charges per contract for the March 2007 currency deliveries. The Exchange assesses these charges on a pro rata basis among all longs and shorts, regardless of whether your firm used an order-to-pay for any of its long transactions. Order-to-Pay Charge Per Contract E7 E-mini Euro FX $4.86 EC Euro FX $4.86 IS CME Israeli Shekel $3.57 J7 E-mini Japanese Yen $2.88 JY Japanese Yen $2.88 MP Mexican Peso $0.61 PZ Polish Zloty $2.28 Z PLN/EUR Cross Rate $2.58 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 your “Chicago Mercantile Exchange” monthly statement. If you have any questions, please contact the Deliveries Unit at (312) 930-3172. Printer Friendly Version...