Attached please find an extremely important OneChicago Clearing Member Guarantee and Acknowledgement for Access through GLOBEX� Agreement.

By the attached agreement, the clearing member firm, acting as a specific clearing member of CME or as a specific clearing member of OCC, specifies the executing firm numbers for which it agrees to be responsible for, for trades in OneChicago products, executed through GLOBEX. 
In addition to covering trades executed through GLOBEX, the agreement also covers trades given up to, and accepted by, any of the specified executing firm numbers, whether that acceptance is explicit or as a result of an auto-acceptance rule that the firm has defined in GUS.  Please note, however, that the agreement does not cover trades executed through CBOEdirect.  If a firm wishes to execute trades in OneChicago products as a CME firm number, routing those orders into the match engine via CBOEdirect terminals or connections, it will have to execute a separate and analogous agreement provided by CBOE.

This Agreement must be executed and returned to the CME Clearing House, before the referenced firms will be authorized to execute trades through GLOBEX and/or accept give-ups in OneChicago products.  Executed agreements must be delivered to the CME Clearing House by no later than 4:00 pm on Monday October 21st, to be authorized to begin trading on the scheduled launch date of October 25th.  If delays in obtaining regulatory approvals result in the launch date being pushed back, then the executed agreements must be received no later than 4:00 pm on the fourth business date prior to launch.

Please note that if a firm will clear its OneChicago trades at CME, it must also execute a Designation of Appointed Clearing Member Agreement (also known as a Third-Party Delivery Agremeent) with an OCC clearing firm, by which the OCC firm agrees to handle physical deliveries resulting from positions of that CME clearing firm in OneChicago security futures products held to expiration.  For more information see CME Clearing House Advisory Notice #02-62 (September 17, 2002), available at
http://www.cme.com/clr/clring/securtyfut/clearinfo1508.html.

For more information, please contact Dale Michaels (312-930-3062), Ed Gogol (312-648-3674) or Corean Donegan (312-930-3097.)

For the full text of the Advisory:   

For the full text of the Clearing Agreement: