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Listed below is the breakdown of order-to-pay charges per contract for the July 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.
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Order to Pay |
Charge per Contract |
| MP |
Mexican Peso
|
$0.07
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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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