CME Individual Membership Application and Checklist

Complete Additional Forms

There are several additional forms that you may need to complete and sign to finish your application. By clicking the hyperlinks on each item on this list you may obtain a sample of each type of form. You may download the sample, print it out on your printer or copy and paste it into a word document and sign it. These documents are not required to be notarized.

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The CME waiver of the training requirement and access to the Floor document. This document informs the CME that you are waiving your training class because you will be trading electronically and will not need physical access to the CME trading floor, registration with the NFA, or travel to Chicago for the class.

 

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The CME Electronic Access Consent Form: This form is required for you to obtain special temporary membership privileges available to electronic traders only. You must be applying with non-trading floor access as described in the overview as "Expedited Timing for Screen Based Traders Only". This form represents that if you are not approved for membership that the financial benefits that you receive now will have to be refunded by you to the exchange.

 

The letter from your CPA: If you chose option 2 for your personal financial statements, and elect to not provide financials, you instead must provide a letter from your CPA that states your net worth in excess of some number you are comfortable disclosing.

 

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The 106D form (if you are planning to lease a seat): You must print out this form, complete it and include it with your FedEx or UPS package.

 

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The bid to purchase membership interest form (if you are planning to purchase a seat): Go to the CME Membership Pricing page where you will find the current membership prices in bid and offer format. You must complete this form with bid price and designate which seat you want to purchase.

The explaination of how you intend to finance your trading if you are leasing: If you will be leasing a membership, provide a letter explaining how you intend to finance your trading, if from a source other then your own personal funds. For example, if you are receiving a loan, who is loaning you the money? What is your relationship? What are the terms of the loan? Is it a standard or a non-recourse loan? If you are receiving an unconditional guarantee by an equity member, who is the guarantor and what is your relationship? Please be aware that both you and the guarantor must be qualified to trade by the same clearing member and that you must file an Unconditional Guarantee form with the Department.

Any separate papers you used to provide support for any "YES" answers on the application: You may or may not have needed any separate pages.

Business history additional papers: You may or may not have needed any additional business history pages.

Copies of bank statements, brokerage statements, property tax statements or appraisials: If you elected to have a CPA provide you with a representation letter about your assets, then these documents are not needed.

Please read this list carefully, failure to do so may result in your application being delayed. Each and every form applies to different circumstances so please take the time to understand which forms if any need to be completed by you BEFORE submitting your application and include them in the FedEx or UPS package.