CME Clearing's Financial Safeguards System

CME Group is vitally aware of its role in global markets and is confident that our operational standards paired with our financial safeguards provide an effective set of risk management tools and capabilities that result in industry leading risk management capabilities. Risk management and financial surveillance are principal functions of CME Clearing’s financial safeguards system.

The system:

  • Is designed to provide the highest level of safety and the early detection of unsound financial practices
  • Is continually evaluated and updated to reflect the most advanced risk management and financial surveillance techniques
  • Is administered by senior management from the Audit, Clearing, Banking and Collateral Services, Legal, Market Regulation, Risk Management departments including additional executive areas of CME Group

On December 31, 2013, CME Clearing maintained aggregate performance bonds of approximately $109 billion.1 The following highlights additional available resources of CME Clearing at December 31, 2013 in the event that the resources of the defaulting firm are exhausted.

Base Financial Safeguards Package
Guaranty Fund Contributions $3,261,000,000.00
Designated Corporate Contributions $100,000,000.00
Assessment Powers $8,967,000,000.00
Minimum Total Assets Available2 $12,328,000,000.00
IRS Financial Safeguards Package3
Guaranty Fund Contributions $1,546,000,000.00
Designated Corporate Contributions $150,000,000.00
Minimum Total Assets Available $1,696,000,000.00
CDS Financial Safeguards Package4
Guaranty Fund Contributions $750,000,000.00
Designated Corporate Contributions $50,000,000.00
Minimum Total Assets Available $800,000,000.00

Read CME Clearing's Financial Safeguards Brochure for complete details on CME Clearing’s financial safeguards system. The brochure is intended to provide an overview of CME Clearing’s financial safeguards system. For additional details and applicable rules, please reference the respective CME Clearing rulebooks published on CME Group’s website (www.cmegroup.com).


1 Aggregate performance bonds stated represent the value after any applicable CME Clearing performance bond haircuts.
2 Exchange memberships assigned to CME Clearing are available in the event of the respective clearing member default. 
3 IRS Financial Safeguards additionally include assessment powers as detailed in Rule 8G802 (Protection of Clearing House). 
4 CDS Financial Safeguards additionally include assessment powers as detailed in Rule 8H802 (Protection of Clearing House).

Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

Idea Exchange

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Toll Free: +1 866 716 7274

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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.