CME Group Inc. (“CME Group”) sets the fee policies for its four subsidiary exchanges - Chicago Mercantile Exchange Inc. (“CME”), Chicago Board of Trade, Inc. (“CBOT”), New York Mercantile Exchange, Inc. (“NYMEX”) and Commodity Exchange, Inc. (“COMEX”). As a continuation of the harmonization projects of the rules and policies of CME, CBOT, NYMEX and COMEX, CME Group is enhancing and clarifying documentation of, and where possible harmonizing, its fee policies for CME, CBOT, NYMEX and COMEX member firm accounts.
This Fee Policy Bulletin (“FPB”) highlights several key fee policies which are being harmonized and those that will remain different. FPB #08-02 describes in detail CME Group’s Clearing and Globex Fee Policies for Member Firm Accounts. The harmonized and detailed polices, where different from those in effect today, are effective January 1, 2009 and will be examined as part of clearing fee audits.
To read the full-text version, please click here