Clearing House Advisory Notices
To | Clearing Member Firms; Back Office Managers; Delivery Personnel
From | Clearing House Department
Subject | Allocation of June 2007 Currency Order-To-Pay Charges
Notice Date | 2007-06-26
Notice Number | 07-151
Effective Date | 2007-06-26
Listed below is the breakdown of order-to-pay charges per contract for the June 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 transacations.
For the full text of this advisory...