Allocation of May 2005 Currency Order-to-Pay Charges

Clearing House Advisory Notices

To	Clearing Member Firms, Back Office Managers
From	Clearing House Department
Subject	Allocation of May 2005 Currency Order-to-Pay Charges
Notice Date	2005-05-31
Notice Number	05-95
Effective Date
Listed below is the breakdown of order-to-pay charges per contract for the May 2005 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 MP Mexican Peso $0.63 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 For the full text of this advisory . . .