More than $8 billion in financial safeguards stand ready to mitigate systematic risk.

CME Clearing provides a very important part of the CME Group value proposition: industry-leading risk management. CME Clearing protects the financial integrity of our markets by virtually eliminating credit risk. In its more than 100-year history, there has never been a failure by a clearing member to meet a performance bond call or its delivery obligations; nor has there been a failure of a clearing member firm resulting in a loss of customer funds.

By serving as the counterparty to every transaction, CME Clearing becomes the buyer to every seller and the seller to every buyer, virtually eliminating credit risk for each market participant.

Further, by marking positions to market twice each day, CME Clearing helps to limit the accumulation of losses or debt - helping each customer manage its risk as well as containing risk for the market as a whole. Additionally, the CME Group audit department, in conjunction with other self-regulatory organizations, operates a sophisticated financial surveillance program to monitor the financial condition of clearing members. Financial safeguards provided by CME Clearing protect the financial interests of both parties in a trade, leading to sound markets and deeper liquidity - around the clock - everywhere in the world.