Clearing  House Advisory Notices
To Clearing Member Firms, Back Office Managers
From Clearing House
Subject Allocation of December 2004 Currency Order-to-Pay Charges
Notice Date 2004-12-22
Notice Number 04-262
Effective Date  

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