We are pleased to announce a new feature, “Feed of Accounts”, within CME’s Exchange Fee System (“EFS”) that will assist fee administrators with their reconciliation process.  

Launched January 3, 2007, this feed of accounts (or account file transmission) feature will enable firms to send a feed to the Exchange to process their account information. This new enhancement is an alternative to utilizing the current online application.  It is strictly optional, but is available for immediate use.

The general concept of the account transmission is to automate the transfer of member-owned and incentive program participant accounts from Clearing Firms’ bookkeeping systems to the CME EFS application. Firms will be required to provide the primary owner of an account along with any other additional member owners and/or controllers.

For the full text of this advisory . . .