This is a step-by-step guide to help you begin trading.
Once you begin the process, you will be assigned to a Global Account Management (GAM) representative based on your Class A Clearing Firm and your location.
Step 1: Contact a Client Development & Sales (CD&S) representativeThe Proprietary Trading Firm CD&S team serves as the main point of contact for your CME Group business across all product lines. Dedicated solely to Proprietary Trading Firms, this team is tasked with understanding your CME Group business and helping you optimize your relationship with us. The team also partners with you to identify new opportunities to help you facilitate the growth of your business.
Step 2: Connecting to CME Globex2.1 Choose a Clearing Firm
To access CME Globex, customers must have a CME Clearing Firm relationship and a CME Group-certified trading application. To find a CME Clearing Firm, visit www.cmegroup.com/findabroker.
2.2 Choose Connectivity Option
The CME Globex platform was the first- and remains among the fastest-global electronic trading systems for futures and options. Through its advanced functionality, high reliability and global connectivity, it is now the world's premier marketplace for derivatives.
CME Co-Location Connectivity Services:
The new CME Group data center facility that houses the CME Group trading match engines for all products traded on the CME Globex platform provides the lowest latency connection for our customers.
For a complete listing of connectivity options, please visit www.cmegroup.com/tradingapplications
2.3 Connection Agreements
To connect directly to CME Globex, customers must complete the CME Customer Connection Agreement and relevant schedules at www.cmegroup.com/connectionagreement.
2.4 Choose a Front End
If you are using your own front end application, continue to step 2.4. If not, Certified Independent Software Vendors (ISVs) can be found at www.cmegroup.com/isv.
2.5 Develop a Proprietary System
If you want to develop to CME Globex for order entry and/or market data, certification is required. The Software Development Kits (SDK) for iLink order entry and FIX/FAST Market Data Platform can be found at www.cmegroup.com/globexsdk.
Developers must use the certification tool AutoCert+. For more information, see www.cmegroup.com/tools-information/webhelp/autocert-access/Default.html.
For additional information on test environments please visit www.cmegroup.com/cert/.
More information is available by contacting Global Account Management at +1 312 634 8700 or +44 20 3379 3754 or +65 6593 5505 or at firstname.lastname@example.org.
Step 3: Determine Which Products You Will TradeThe type of membership/incentive program that you sign up for is determined by the products you want to trade. CME, CBOT and NYMEX/COMEX are entirely separate from one another and offer access to different products at different rates. These differences reflect the individual histories of each of the exchanges before they became part of CME Group.
For a complete listing of products by exchange, please consult the links below.
Step 4: Select Membership or Incentive Programs4.1 Select Membership
Proprietary Trading Firm Membership holders trade products on CME Group exchanges (CME|CBOT|NYMEX|COMEX) at reduced rates compared to non-member customers. Which memberships are right for you depends on the products you trade and additional discounts for which you may qualify.
Membership levels available:
Find the best membership for you
For additional details on memberships, please visit www.cmegroup.com/membership or contact Debbie Kokal at 312 930 3235
For a summary of applicable membership types/fees, click here.
4.2 Select Incentive Programs
You may also qualify for significant fee incentive programs designed to offer proprietary trading firms significant cost greater access to CME, CBOT and NYMEX products.
Step 5: Request Session ID(s) via FCMYour Class A Clearing Firm will request production iLink session ID(s) through your Global Account Manager for every new site, front-end system or server. Additional details are available in the iLink Session ID Guidelines (PDF).
Global Account Management
United States: +1 312 634 8700
Europe: +44 20 3379 3754
Asia: +65 6593 5505