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Bulletin Heading VOLUME 24 – BULLETIN #017

TO:

ALL CLEARING PARTICIPANTS

FROM:

CLIENT SERVICES AND SUPPORT

DATE:

February 13, 2004

SUBJECT:

Mid-Day Settlements

The Clearing Corporation (CCorp) is immediately reducing the threshold for mid-day settlements from $100,000 to $10,000. This lower level will facilitate a fairer distribution of gains and losses in the mid-day settlement process. If you have any questions, please contact a CSS representative by email or phone.

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:

John Compall

 

john.compall@clearingcorp.com

Marc MacQuarrie

786-5732

marc.macquarrie@clearingcorp.com

Molly McMahon

786-5731

molly.mcmahon@clearingcorp.com

Jill Turner

786-5718

jill.turner@clearingcorp.com

     

Thomas Andrews

Director

thomas.andrews@clearingcorp.com

     

Client Services and Support E-Mail Address

css@clearingcorp.com

Clearing Corporation Web Site

http://www.clearingcorp.com