In order to enhance the risk management tools available to Clearing Members supporting the use of CME Direct for their customers trading on CME Globex®, CME Group (on behalf of CME/CBOT/NYMEX/COMEX) recently rolled out enhanced credit control functionality allowing clearing member firm risk administrators to set a relative limit at the order level and account level for options premium buying power, for trades executed through CME Direct. For more information, please access the following link.
Should you have any questions, please contact CME Clearing Risk Management at clearing.riskmanagement@cmegroup.com or 312-648-3888. In addition, please also contact GCC at gcc@cmegroup.com or 800-438-8616.
For the full text of this advisory, please click the link below.