Allocation of December 2001 Currency Order-to-Pay

Clearing House Advisory Notice

To	Back Office Managers
From	Clearing House Department
Subject	Allocation of December 2001 Currency Order-to-Pay
Effective Date	12/28/01
Notice Number	01-94

Listed below is the breakdown of order-to-pay charges per contract for the December 2001 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

Australian Dollar

$0.55

British Pound

$0.92

Canadian Dollar

$0.84

Deutsche Mark

$0.43

E-mini Euro FX

$1.62

Euro FX

$1.62

French Franc

$0.96

Japanese Yen

$1.15

Mexican Peso

$0.75

New Zealand Dollar

$0.59

South African Rand

$1.01

EC/BP Cross Rate

$3.28

EC/JY Cross Rate

$2.15

Swiss Franc

$0.90

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.