Base OTC Derivative Clearing Membership

Overview and Guidelines

Clearing Members interested in participating in CME Event Contract Swaps must obtain Base OTC Clearing Membership. These members are subject to a minimum Guaranty Fund Requirement of $2.5M. Furthermore, participation in 24/7 trading is contingent upon formal approval by CME Clearing.

Detailed risk management considerations and operational workflows are available in the supplemental guidelines document. 

Resources

Base OTC Clearing Membership

To be eligible to participate in CME Event Contract Swaps you must be an approved Base OTC Clearing member. Existing Clearing Members looking to add Base OTC Clearing Membership can submit the below intention form to apply.

How to Apply

Fill out the intention form to initiate the assessment process. Once received, CME Clearing will contact your firm to guide you through the subsequent risk management and operational due diligence review.

Supplemental Trading Hours – 24/7 Trading

Clearing members interested in trading products during supplemental trading hours will need to be approved by CME Clearing.

How to Apply

Submit the intention form for Supplemental Trading Hours to initiate the assessment process. Once received, CME Clearing will contact your firm to guide you through the subsequent risk management and operational due diligence review.

Contact Us

For questions regarding Event Contract Swaps or Supplemental Trading Hours please contact:

For questions regarding Clearing Membership and Onboarding please contact:

CME Group is the world’s leading 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.

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