EFRP transactions include the exchanges of:
All are privately negotiated trades transacted outside of the competitive marketplace, but submitted for clearing through CME Clearing.
Note: The counterparties must follow the requirements of Rule 538 (Exchange for Related Positions) and any applicable CFTC regulations in conducting such trades, and in certain cases these trades must be approved in advance by the clearinghouse.
Under no circumstances may EFRPs be posted later than end of permissible posting period following expiration of underlying futures contract.
|FOR SUBMISSION VIA CME CLEARPORT||FOR SUBMISSION VIA FRONT-END CLEARING (FEC)|
When CME ClearPort is Open: Within one hour after relevant terms have been discussed
CME AND CBOT PRODUCTS
|When ClearPort is Unavailable (4:15 pm – 5:00 pm CT and on weekends): Within one hour of when CME ClearPort next becomes available||
COMEX and NYMEX PRODUCTS
|Questions? Contact the CME Global Command Center:
||Questions? Contact CME Clearing Services:
|About CME Clearport||About CME Clearing - Front End Clearing|