Clearing House Advisory Notices
To | Clearing Member Firms, Back Office Managers, Delivery Personnel
From | CME Clearing
Subject | ALLOCATION OF SEPTEMBER 2007 CURRENCY ORDER-TO-PAY CHARGES
Notice Date | 2007-09-26
Notice Number | 07-232
Effective Date | 2007-09-26
ALLOCATION OF SEPTEMBER 2007 CURRENCY ORDER-TO-PAY Listed below is the breakdown of order-to-pay charges per contract for the September 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 MP Mexican Peso $0.59 PZ Polish Zloty $1.43 Z PLN/EUR Cross Rate $2.10 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. For printer friendly version . . .