Clearing House Advisory Notices
To | Clearing Member Firms; Back Office Managers
From | CME Clearing
Subject | Allocation of December 2007 Currency Order-to-Pay Charges
Notice Date | 2007-12-26
Notice Number | 07-323
Effective Date | 2007-12-26
Listed below is the breakdown of order-to-pay charges per contract for the December 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. For the full text of this advisory...