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EXCHANGE MEMBERSHIPS.


Click on one of the exchanges below for more information.






CME INDIVIDUAL MEMBERSHIP  -  CME CORPORATE MEMBERSHIP  -  CME ELECTRONIC CORPORATE MEMBERSHIP



CME electronic corporate membership allows member firms to receive preferential Exchange fee and performance bond rates on its electronic trading of eligible CME products when such proprietary trading activity is conducted in accordance with CME Group’s Fee Policies.

 

Eligibility and Requirements:
CME Rule 106.R. Electronic Corporate Membership

  1. CME electronic corporate membership is only available for eligible proprietary trading firms. Hedge Funds, commodity pools, banks, futures commission merchants, foreign brokers, broker-dealers, commodity trading advisors, introducing brokers or other firms that hold and/or manage third party funds are not eligible for CME electronic corporate membership.

  2. There are two types of CME electronic corporate membership:

  3. CME electronic corporate member firm holding membership (CME ECM-H). CME ECM-H are required to purchase one or lease two memberships (CME, IMM or IOM Division). The membership(s) must be owned or leased by the member firm. Shares of CME Group are not required. The preferential Exchange fee rates of ECM-H are lower than those of an ECM-W.

  4. CME electronic corporate member firm volume incentive program (CME ECM-W). CME ECM-W have a waiver of the membership holding requirement but it must meet certain volume trading requirements on a quarterly basis (i.e. it must trade an average of 50 contracts/sides per business day for the quarter). Volume and participation is evaluated on a quarterly basis. The preferential Exchange fee rates of an ECM-W are higher than those of an ECM-H.

  5. For CME ECM-H, the membership(s) owned or leased may be held by the member firm or a principal or employee of the member firm. The principal or employee must be approved for CME individual membership. However, trading floor access is not conferred upon the holder of the membership.

  6. The member firm is eligible for preferential Exchange fee rates for its proprietary trading of products (electronic only) when such trading activity is conducted in accordance with CME Group Fee Policies. The member firm is not eligible for preferential Exchange fee rates on open auction trades and is not granted access to CME’s trading floors. In addition, the trading activity of parent companies, affiliates and subsidiaries of the member firm are not eligible for preferential Exchange fee rates.


Links for Additional Information:

CME Rule 106.R. Question and Answer

CME Group’s Fee Policy Bulletin for Member Firm Accounts

CME Fee Schedule for Corporate Members

CME Membership Prices


Process for CME Electronic Corporate Membership:
The Corporate Membership Application – Corporate Information, the Agreement for CME Rule 106.R. Electronic Corporate Membership and all required documents, should be submitted to CME Group’s Audit Department.  The Audit Department is responsible for the review and approval of all corporate member firm applicants.  The application process takes approximately four to six weeks from the time all required documents are submitted.


Forms for CME Electronic Corporate Membership:

Click here for Corporate Membership Application - Corporate Information

Click here for Agreement for CME Rule 106.R. Electronic Corporate Membership

Click here for Additional forms


Pricing:

Click here for CME Membership and Lease Pricing




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