CME corporate membership allows member firms to receive preferential Exchange fee and performance bond rates on its proprietary trading of eligible CME products when such proprietary trading activity is conducted in accordance with CME Group’s Fee Policies.
Eligibility and Requirements:
CME Rule 106.H. Trading Membership
- Hedge Funds, commodity pools, banks, futures commission merchants, foreign brokers, broker-dealers, commodity trading advisors, introducing brokers, commercial entities, proprietary trading firms and other corporate entities are eligible for CME Rule 106.H. trading member firm status.
- The member firm is required to purchase one or lease two memberships (CME, IMM or IOM Division) in the division in which preferential Exchange fee and performance bond rates are desired. Shares of CME Group are not required.
- The member firm or a principal or employee of the member firm may hold the membership(s) owned or leased. The principal or employee must be approved for CME Individual Membership.
- The member firm is eligible for preferential Exchange fee rates for its proprietary trading of products (open auction and electronic) within the division of membership(s) owned or leased when such trading activity is conducted in accordance with CME Group’s Fee Policies. The trading activity of parent companies, affiliates, subsidiaries or customers of the member firm are not eligible for preferential Exchange fee rates.
- For hedge fund and commodity pool member firms, only the proprietary trading activity of the hedge fund member firm is eligible for preferential Exchange fee rates and the rates do not apply to the trading activity of its investment manager, affiliated funds, investors, parent companies, affiliates, subsidiaries or customers.
Links for Additional Information:
CME Rule 106.H. Corporate Membership Summary
CME Group’s Fee Policy Bulletin for Member Firm Accounts
CME Fee Schedule for CME Rule 106H Corporate Members
CME Membership Prices
Process for CME Corporate Membership:
The Application for Corporate Membership – Corporate Information, the Agreement for CME Rule 106.H. Corporate Membership and all required documents, should be submitted to CME Group’s Audit Department. The Audit Department is responsible for the review and approval of all corporate member firm applicants. The application process takes approximately four to six weeks from the time all required documents are submitted.
If the member firm elects to have individuals placed on membership which are owned or leased by the member firm, those individuals must apply for individual CME membership status unless they are current members of CME. Refer to the CME individual membership application process.
Forms for CME Corporate Membership:
Click here for Corporate Membership Application – Corporate Information
Click here for Agreement for CME Rule 106.H. Trading Member Firm
Click here for Corporate Membership Application – Hedge Fund – Corporate Information
Click here Agreement for CME Rule 106.H. Trading Member Firm – Hedge Fund
Click here Additional forms