Financial Surveillance Programs

Our Financial and Regulatory Surveillance Department ensures the financial integrity of CME, CBOT, NYMEX, and COMEX clearing members through direct surveillance and information sharing with Joint Audit Committee (JAC) members.

Specifically, our financial surveillance programs focus on: 


Clearing members must calculate segregation requirements and ensure compliance with CFTC and Exchange capital requirements on a daily basis.

In addition, they must:

  • Report segregation, secured 30.7 and customer cleared swaps statements daily to the Financial and Regulatory Surveillance Department and their depositories must independently verify the FCM’s customer balances 
  • Report details concerning their investments of customer funds bi-monthly 
  • Submit full financial statements monthly
  • Provide audited financial statements annually
  • Make more frequent reports as directed



Clearing members are required to report any failure to meet segregation or minimum capital requirements.

They must notify the Financial and Regulatory Surveillance Department prior to:

  • Any significant business transaction
  • A significant change in operations


Generally, each clearing member is subject to a financial and operational risk-based examination every year.

These examinations are:

  • Tailored to focus on the specific risks of the clearing member
  • Conducted in accordance with the JAC examination program
  • Performed on a surprise basis

CME Clearing Financial Safeguards

Learn more about our operational standards and financial safeguards, which provide an effective set of risk management tools and capabilities that result in industry leading risk management capabilities. 

The system is: 

  • Designed to provide the highest level of safety and the early detection of unsound financial practices
  • Continually evaluated and updated to reflect the most advanced risk management and financial surveillance techniques
  • 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

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