• Clearing Firm Role for Managing Trades on Behalf of Trading Firms

      • To
      • CME ClearPort Customers
      • #
      • 20170711
    • To support submission of Block trades and EFRPs via CME ClearPort, a new role of Clearing Firm Clerk now allows clearing member firms to submit, view, allege and/or claim single-sided trades, and to submit and view dual-sided trades on behalf of trading firms.

      The Clearing Firm Clerk will not need to be designated as a broker, trader or asset manager on the side they clear.

      See more on:

      • Clearing Firm Clerk Role
      • Entering Single-sided Trades
        • New selection options for selecting Opposite information are described in Step 8. There will be 3 different options depending on whether the opposite firm is:
          • Broker or Asset Manager Firm
          • Trading Firm (Counterparty)
          • Opposite Clearing Firm

      Contact Enterprise Application & System Entitlements (EASE) in the U.S. at +1 312 456 1560, Europe at +44 203 379 3802 or Asia at +65 6593 5536 to register as a Clearing Firm Clerk.

      Contact the Global Command Center (GCC) in the U.S. +1 800 438 8616, in Europe at +44 20 7623 4747 or in Asia at +65 6532 5010 with any production questions.