Allocations

For all asset classes, when a side is allocated to multiple accounts, each account on that side is subject to validation based on the following rules:

  • On an individual side, the Broker principal for an account may not act as an Asset Manager or Active Trader principal for another account.
  • On an individual side, for trade types EFP and EFR/EOO, the Asset Manager principal may not act as an Active Trader principal for another account.
  • On an individual side, if the Asset Manager principal for an account is also an Active Trader for another account, the Trade Type must be Block, Block TAS, or OPNT.
  • When allocating a side as a Broker principal, all specified accounts must have the same Account owner.
  • If the Asset Manager principal allocates a side of an EFP or EFR/EOO trade, all specified accounts must have the same Account owner. This rule does not apply to any other trade types allocated by the Asset Manager principal.
  • Only one side of a trade can be allocated across multiple accounts.

 

Dual-side Transactions

The Allocation section allows the entry of buyer and seller information.

Submit either side of the trade on behalf of someone else, select a name from the Designated drop-down list.

  • Only the Trading Accounts that the Broker is authorized (by the Clearing Member) to represent are available.
  • If an account is not in the list, contact the account owner or their Clearing Member.
  • Hover over frequent accounts and a list of the most frequently used accounts appears. Click an account to select that account.
  • Click the search firm symbol (), then type a portion of the firm name to search from all available firms.
  • Click the plus symbol () to add more accounts.

Additional allocation fields

  • Voice Brokered transaction (optional) - Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) trades executed on a voice assisted broker platform
  • Aggressor (optional) - Buyer, Seller, None
  • Designated
  • Order No / Number
  • Give-Up: Indicates if the trade is marked for Allocation. If selected, Carry / Claim Firm information is specified in the Allocation block.

Two additional fields appear for Swap Transactions.

  • Reporting Counterparty indicates if the buyer or seller is a reporting counterparty. This box cannot be selected for both buyer and seller.
  • Block Trade Allocation Indicator allows designation of the trade as an allocated trade, a block to be allocated or a block that is not to be allocated.

Single-side Transactions

The Allocation section allows the entry of Company Name / Clearing Member and Firm or Trading Account information.

Submit the trade on behalf on someone else by selecting a name from the Designated drop-down list.

  • Only the Clearing Member and Trading Accounts that the user is authorized (by the Clearing Member) to represent are available.
  • If an account is not in the list, contact either the account owner or their Clearing Member. To add an account, a Broker must contact the customer or the CME ClearPort help desk.
  • Hover over frequent accounts and a list of the most frequently used accounts appears. Click an account to select that account.
  • Click the search firm symbol (), then type a portion of the firm name to search from all available firms.
  • Click the plus symbol () to add more accounts.
  • TheTrading Account is a unique account identifier assigned at the firm level for each firm, platform, or asset manager. Non-member broker intermediary accounts and their sub-accounts appear as follows:
  • Parent: Clearing member-Account number. Can view and allocate parent account to a trade, but not child account.
  • Child - Can view and allocate child account to a trade, not parent account. Market types are inherited from the parent account, when the account is created.
  • Parent and Child - Can view and allocate parent and child accounts to a trade.
  • Trading Sub-account: Owner firm name-Sub account number. Clearing firm administrators cannot view sub-accounts assigned to parent firms.

Note: Broker entitlements to parent and child accounts is configured in Account Management Service. Removing brokers access from a parent account also removes access for the child account.

To enter Opposite information, hover over frequent accounts and click to select an account, or enter a letter of the firm in the Firm Name box and select a firm. Do the same for the User Name.

Note: Suggested Counterparty will display if a broker is selected for the Firm Name field, and, if desired, a Suggested Counterparty can be selected in the same way as firm.

Additional allocation fields

  • Voice Brokered transaction (optional) - Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) trades executed on a voice assisted broker platform.
  • Aggressor (optional) - Buyer, Seller, None
  • Designated
  • Order No / Number
  • Give-Up: Indicates if the trade is marked for Allocation. If selected, Carry / Claim Firm information is specified in the Allocation block.

Two additional fields appear for Swap Transactions:

  • Reporting Counterparty indicates if the buyer or seller is a reporting counterparty. This box cannot be selected for both buyer and seller.
  • Block Trade Allocation Indicator allows designation of the trade as an allocated trade, a block to be allocated, or a block that is not to be allocated.