CME Group is aware of the implications of the Packaged Retail and Insurance-Based Investment Products (PRIIPs)* regulation on some of our customers, especially those in the business of interacting with EU retail investors. With that in mind, we have created a suite of Key Information Documents (KIDs) which cover certain products.
The CME Group Exchanges are implementing rules which become effective January 1, 2018 in connection with the implementation of the PRIIPs regulation. The CME Group Exchanges will require those who offer or sell in-scope products to EU retail clientele to provide the KIDs from the CME Group website. Pursuant to our rules, members of the CME Group Exchanges will be required to provide a KID prior to offering, selling or otherwise arranging a transaction for a CME Group product to an EU retail customer. Further, for clearing member firms that carry omnibus accounts, such firms may only carry omnibus accounts for entities that received a notice (i) notifying the omnibus account of the EU Retail Customer restrictions contained in the rules and (ii) requiring it to send a similar notice to its omnibus customers.
If no KID is available for a CME Group Exchange product, members of the CME Group Exchanges must not offer that product or otherwise make it available to EU Retail Customers.
| Product Type | Key Information Document | Product | Exchange | Commodity Code | CME Globex Code | Underlying Index | Costs | Date Costs Updated |
|||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Costs | Reduction in Yield | Entry Costs | Exit Costs | ||||||||
| Agricultural - Cash Settled | English French German Italian Dutch Spanish |
Lean Hog Futures | CME | LN | HE | $4.06 | 0.0115% | 0.0057% | 0.0057% | 29 Mar 2019 | |
| Class III Milk Futures | CME | DA | DC | $4.06 | 0.0135% | 0.0067% | 0.0067% | 29 Mar 2019 | |||
| Non-fat Dry Milk Futures | CME | NF | GNF | $4.06 | 0.0096% | 0.0048% | 0.0048% | 29 Mar 2019 | |||
| Feeder Cattle Futures | CME | 62 | GF | $4.06 | 0.0055% | 0.0027% | 0.0027% | 29 Mar 2019 | |||
| Agricultural - Physically Delivered | English French German Italian Dutch Spanish |
Chicago SRW Wheat Futures | CBOT | W | ZW | $3.90 | 0.0170% | 0.0085% | 0.0085% | 29 Mar 2019 | |
| Corn Futures | CBOT | C | ZC | $3.90 | 0.0219% | 0.0109% | 0.0109% | 29 Mar 2019 | |||
| Live Cattle Futures | CME | 48 | LE | $4.06 | 0.0085% | 0.0043% | 0.0043% | 29 Mar 2019 | |||
| Soybean Futures | CBOT | S | ZS | $3.90 | 0.0088% | 0.0044% | 0.0044% | 29 Mar 2019 | |||
| Soybean Oil Futures | CBOT | 07 | ZL | $3.90 | 0.0229% | 0.0115% | 0.0115% | 29 Mar 2019 | |||
| Soybean Meal Futures | CBOT | 06 | ZM | $3.90 | 0.0127% | 0.0064% | 0.0064% | 29 Mar 2019 | |||
| KC HRW Wheat Futures | CBOT | KW | KE | $3.90 | 0.0181% | 0.0091% | 0.0091% | 29 Mar 2019 | |||
| Rough Rice Futures | CBOT | 14 | ZR | $3.90 | 0.0180% | 0.0090% | 0.0090% | 29 Mar 2019 | |||
| Oats Futures | CBOT | O | ZO | $3.90 | 0.0290% | 0.0145% | 0.0145% | 29 Mar 2019 | |||
| Random Length Lumber Futures | CME | LB | LBS | $4.06 | 0.0102% | 0.0051% | 0.0051% | 29 Mar 2019 | |||
| Ethanol Futures | CBOT | EH | EH | $3.90 | 0.0099% | 0.0050% | 0.0050% | 29 Mar 2019 | |||
| Bitcoin | English French German Italian Dutch Spanish |
Bitcoin Futures | BTC | BTC | $10.00 | 0.0491% | 0.0245% | 0.0245% | 29 Mar 2019 | ||
| Energy - Cash Settled | English French German Italian Dutch Spanish |
E-mini Crude Oil Futures | NYMEX | QM | QM | $2.40 | 0.0080% | 0.0040% | 0.0040% | 29 Mar 2019 | |
| E-mini Natural Gas Futures | NYMEX | QG | QG | $1.00 | 0.0150% | 0.0075% | 0.0075% | 29 Mar 2019 | |||
| Brent Last Day Financial Futures | NYMEX | BZ | BZ | $1.54 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Energy - Physically Delivered | English French German Italian Dutch Spanish |
Crude Oil Futures | NYMEX | CL | CL | $3.00 | 0.0050% | 0.0025% | 0.0025% | 29 Mar 2019 | |
| RBOB Gasoline Futures | NYMEX | RB | RB | $3.00 | 0.0038% | 0.0019% | 0.0019% | 29 Mar 2019 | |||
| Henry Hub Natural Gas Futures | NYMEX | NG | NG | $3.00 | 0.0113% | 0.0056% | 0.0056% | 29 Mar 2019 | |||
| NY Harbor ULSD Futures | NYMEX | HO | HO | $3.00 | 0.0036% | 0.0018% | 0.0018% | 29 Mar 2019 | |||
| Equity | English French German Italian Dutch Spanish |
E-mini Dow ($5) Futures | CBOT | YM | YM | link | $2.36 | 0.0018% | 0.0009% | 0.0009% | 29 Mar 2019 |
| E-mini NASDAQ 100 Futures | CME | NQ | NQ | link | $2.36 | 0.0016% | 0.0008% | 0.0008% | 29 Mar 2019 | ||
| E-mini S&P 500 Futures | CME | ES | ES | link | $2.36 | 0.0017% | 0.0008% | 0.0008% | 29 Mar 2019 | ||
| Nikkei/Yen Futures | CME | N1 | NIY | link | $4.30 | 0.0045% | 0.0022% | 0.0022% | 29 Mar 2019 | ||
| Nikkei/USD Futures | CME | NK | NKD | link | $4.30 | 0.0040% | 0.0020% | 0.0020% | 29 Mar 2019 | ||
| USD-Denominated Ibovespa Index Futures | CME | IBV | IBV | link | $2.52 | 0.0026% | 0.0013% | 0.0013% | 29 Mar 2019 | ||
| E-mini Russell 2000 Index Futures | CME | RTY | RTY | link | $2.36 | 0.0031% | 0.0015% | 0.0015% | 29 Mar 2019 | ||
| E-mini S&P MidCap 400 Futures | CME | ME | EMD | link | $2.36 | 0.0012% | 0.0006% | 0.0006% | 29 Mar 2019 | ||
| Micro E-mini S&P 500 Futures | CME | MES | MES | link | $0.40 | 0.0028% | 0.0014% | 0.0014% | 29 Mar 2019 | ||
| Micro E-mini Nasdaq 100 Futures | CME | MNQ | MNQ | link | $0.40 | 0.0027% | 0.0014% | 0.0014% | 29 Mar 2019 | ||
| Micro E-mini Russell 2000 Futures | CME | M2K | M2K | link | $0.40 | 0.0052% | 0.0026% | 0.0026% | 29 Mar 2019 | ||
| Micro E-mini DJIA Futures | CBOT | MYM | MYM | link | $0.40 | 0.0031% | 0.0015% | 0.0015% | 29 Mar 2019 | ||
| FX - Cash Settled | English French German Italian Dutch Spanish |
Russian Ruble Futures | CME | RU | 6R | $3.20 | 0.0085% | 0.0043% | 0.0043% | 29 Mar 2019 | |
| Brazilian Real Futures | CME | BR | 6L | $3.20 | 0.0125% | 0.0063% | 0.0063% | 29 Mar 2019 | |||
| Indian Rupee/USD Futures | CME | SIR | SIR | $3.20 | 0.0045% | 0.0022% | 0.0022% | 29 Mar 2019 | |||
| FX - Physically Delivered | English French German Italian Dutch Spanish |
Australian Dollar Futures | CME | AD | 6A | $3.20 | 0.0045% | 0.0023% | 0.0023% | 29 Mar 2019 | |
| British Pound Futures | CME | BP | 6B | $3.20 | 0.0039% | 0.0020% | 0.0020% | 29 Mar 2019 | |||
| Canadian Dollar Futures | CME | C1 | 6C | $3.20 | 0.0043% | 0.0021% | 0.0021% | 29 Mar 2019 | |||
| Euro FX Futures | CME | EC | 6E | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Japanese Yen Futures | CME | J1 | 6J | $3.20 | 0.0028% | 0.0014% | 0.0014% | 29 Mar 2019 | |||
| Euro/British Pound Futures | CME | RP | RP | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Euro/Japanese Yen Futures | CME | RY | RY | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Euro/Swiss Franc Futures | CME | RF | RF | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Euro/Canadian Dollar Futures | CME | CC | ECD | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Euro/Australian Dollar Futures | CME | CA | EAD | $3.20 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| British Pound/Japanese Yen Futures | CME | BY | PJY | $3.20 | 0.0020% | 0.0010% | 0.0010% | 29 Mar 2019 | |||
| E-micro Euro/American Dollar Futures | CME | M6E | M6E | $0.32 | 0.0023% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| Mexican Peso Futures | CME | MP | 6M | $3.20 | 0.0126% | 0.0063% | 0.0063% | 29 Mar 2019 | |||
| Swiss Franc Futures | CME | E1 | 6S | $3.20 | 0.0025% | 0.0013% | 0.0013% | 29 Mar 2019 | |||
| New Zealand Dollar Futures | CME | NE | 6N | $3.20 | 0.0047% | 0.0023% | 0.0023% | 29 Mar 2019 | |||
| E-mini Euro FX Futures | CME | E7 | E7 | $1.70 | 0.0024% | 0.0012% | 0.0012% | 29 Mar 2019 | |||
| Swedish Krona Futures | CME | SE | SEK | $3.20 | 0.0015% | 0.0007% | 0.0007% | 29 Mar 2019 | |||
| Norwegian Krone Futures | CME | UN | NOK | $3.20 | 0.0014% | 0.0007% | 0.0007% | 29 Mar 2019 | |||
| South African Rand Futures | CME | RA | 6Z | $3.20 | 0.0093% | 0.0047% | 0.0047% | 29 Mar 2019 | |||
| USD/Offshore RMB (CNH) Futures | CME | CNH | CNH | $3.20 | 0.0032% | 0.0016% | 0.0016% | 29 Mar 2019 | |||
| E-micro Australian Dollar/American Dollar Futures | CME | M6A | M6A | $0.32 | 0.0045% | 0.0023% | 0.0023% | 29 Mar 2019 | |||
| E-micro British Pound/American Dollar Futures | CME | M6B | M6B | $0.32 | 0.0039% | 0.0020% | 0.0020% | 29 Mar 2019 | |||
| E-micro Japanese Yen/American Dollar Futures | CME | MJY | MJY | $0.32 | 0.0028% | 0.0014% | 0.0014% | 29 Mar 2019 | |||
| E-micro Canadian Dollar/American Dollar Futures | CME | MCD | MCD | $0.32 | 0.0043% | 0.0021% | 0.0021% | 29 Mar 2019 | |||
| E-micro Swiss Franc/American Dollar Futures | CME | MSF | MSF | $0.32 | 0.0025% | 0.0013% | 0.0013% | 29 Mar 2019 | |||
| Metals - Cash Settled | English French German Italian Dutch Spanish |
Iron Ore 62% Fe, CFR China (TSI) Futures | NYMEX | TIO | TIO | $10.00 | 0.0237% | 0.0118% | 0.0118% | 29 Mar 2019 | |
| U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures | NYMEX | HR | HRC | $10.00 | 0.0717% | 0.0359% | 0.0359% | 29 Mar 2019 | |||
| E-mini Gold Futures | COMEX | QO | QO | $1.50 | 0.0023% | 0.0012% | 0.0012% | 29 Mar 2019 | |||
| Metals - Physically Delivered | English French German Italian Dutch Spanish |
Gold Futures | COMEX | GC | GC | $3.00 | 0.0023% | 0.0012% | 0.0012% | 29 Mar 2019 | |
| Copper Futures | COMEX | HG | HG | $3.00 | 0.0041% | 0.0020% | 0.0020% | 29 Mar 2019 | |||
| Platinum Futures | NYMEX | PL | PL | $3.00 | 0.0070% | 0.0035% | 0.0035% | 29 Mar 2019 | |||
| Silver Futures | COMEX | SI | SI | $3.00 | 0.0040% | 0.0020% | 0.0020% | 29 Mar 2019 | |||
| Palladium Futures | NYMEX | PA | PA | $3.00 | 0.0022% | 0.0011% | 0.0011% | 29 Mar 2019 | |||
| E-micro Gold Futures | COMEX | MGC | MGC | $0.40 | 0.0031% | 0.0015% | 0.0015% | 29 Mar 2019 | |||
| STIRs | English French German Italian Dutch Spanish |
Eurodollar Futures | CME | ED | GE | $2.50 | 0.0010% | 0.0005% | 0.0005% | 29 Mar 2019 | |
| 30 Day Federal Funds Futures | CBOT | 41 | ZQ | $1.92 | 0.0005% | 0.0002% | 0.0002% | 29 Mar 2019 | |||
| One-Month SOFR Futures | CME | SR1 | SR1 | $2.50 | 0.0006% | 0.0003% | 0.0003% | 29 Mar 2019 | |||
| Three-Month SOFR Futures | CME | SR3 | SR3 | $2.50 | 0.0010% | 0.0005% | 0.0005% | 29 Mar 2019 | |||
| Treasury Bonds and Notes | English French German Italian Dutch Spanish |
10-Year T-Note Futures | CBOT | 21 | ZN | $1.50 | 0.0012% | 0.0006% | 0.0006% | 29 Mar 2019 | |
| U.S. Treasury Bond Futures | CBOT | 17 | ZB | $1.60 | 0.0011% | 0.0005% | 0.0005% | 29 Mar 2019 | |||
| 5-Year T-Note Futures | CBOT | 25 | ZF | $1.30 | 0.0011% | 0.0006% | 0.0006% | 29 Mar 2019 | |||
| 2-Year T-Note Futures | CBOT | 26 | ZT | $1.20 | 0.0006% | 0.0003% | 0.0003% | 29 Mar 2019 | |||
| Ultra U.S. Treasury Bond Futures | CBOT | UBE | UB | $1.70 | 0.0010% | 0.0005% | 0.0005% | 29 Mar 2019 | |||
| Ultra 10-Year U.S. Treasury Note Futures | CBOT | TN | TN | $1.50 | 0.0011% | 0.0006% | 0.0006% | 29 Mar 2019 | |||
Read an overview of our regulatory advice for trading futures.
Transaction costs are based on the non-member fee for outright transactions executed on CME Globex. Options exercise and expiry costs are those applied to non-member or customer accounts. For futures contracts, the Reduction in Yield (RIY) is calculated as the cost as a proportion of the contract’s notional value. For options contracts, the Reduction in Yield (RIY) is calculated as the cost as a proportion of the contract’s premium value. Options calculations are based on an option with a strike price closest to the underlying future’s price.
*Further guidance might be issued by the European Authorities, which could result in further changes being made to our approach.
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