Clearing House Advisory Notices
To | Clearing Member Firms, Back Office Managers
From | Clearing House
Subject | Allocation of December 2004 Currency Order-to-Pay Charges
Notice Date | 2004-12-22
Notice Number | 04-262
Effective Date |
Listed below is the breakdown of order-to-pay charges per contract for the December 2004 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. Full Text Advisory