VOLUME 20 - BULLETIN #111

TO:	ALL CLEARING MEMBERS
FROM:	BUSINESS SYSTEMS GROUP
DATE:	April 7, 2000
SUBJECT:	Clearing Corporation's Stock Price

Effective April 7, 2000, the Board of Trade Clearing Corporation has approved an increase in the price of the Clearing Corporation’s stock from $14,300 per share to $14,400 per share. Please forward this bulletin to your Chief Financial Officer.

Should you have any questions, please call or e-mail one of the following Business Systems Analysts: