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Listed below is the breakdown of order-to-pay charges per contract for the September 2003 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
|
AD
|
Australian Dollar
|
$0.85
|
|
BP
|
British Pound $0.89
|
$0.89
|
|
BY
|
BP/JY Cross Rate
|
$5.58
|
|
CA
|
EC/AD Cross Rate
|
$2.25
|
|
CD
|
Canadian Dollar
|
$0.89
|
|
EC
|
Euro FX
|
$2.60
|
|
JY
|
Japanese Yen
|
$1.32
|
|
MP
|
Mexican Peso
|
$0.48
|
|
NE
|
New Zealand Dollar
|
$0.88
|
|
RA
|
South African Rand
|
$1.00
|
|
RF
|
EC/SF Cross Rate
|
$3.93
|
|
RP
|
EC/BP Cross Rate
|
$3.93
|
|
RY
|
RY EC/JY Cross Rate $2.85
|
$2.85
|
|
SF
|
Swiss Franc
|
$0.83
|
|
SJ
|
SF/JY Cross Rate
|
$5.05
|
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.
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