Clearing House Advisory Notices
To | Clearing Member Firms, Back Office Managers
From | Clearing House Department
Subject | Allocation of December 2003 Currency Order-to-Pay Charges
Notice Date | 2003-12-23
Notice Number | 03-112
Effective Date |
Listed below is the breakdown of order-to-pay charges per contract for the December 2003 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. Complete text of Advisory 03-112