Clearing  House Advisory Notices To Clearing Member Firms, Chief Financial Officers & Back Office Managers From Clearing House Department Subject Revised: Currency Deliveries Using CLS Notice Date 2005-06-07 Notice Number 05-104 Effective Date   Clearing firms are reminded of the option to use the CLS method for satisfying their Currency Delivery obligations. Up until the June 2005 currency deliveries, the CME CLS currency delivery procedures had remained a delivery option and were not mandatory. Under Rule 740, starting in September 2005, should firms have a currency delivery greater than $50 million per currency product and CLS is not used, the Clearing House will impose a fine of $10 per million for any currency contract exceeding the threshold. For the full text of this advisory . . .