Eligible Account Controller Accounts
Typically, use of CME ClearPort requires registration of the specific account owner and clearing member firms are required to set
the risk values for each account number that has been registered before the account is eligible to trade. However, Rule 526.I. andJ. allows Commodity Trading Advisors (“CTAs”) and Investment Advisors (“IAs”) that are either registered or exempt from registrationand foreign persons performing a similar role or function to a CTA or IA and subject to foreign regulation to submit block trades forclient accounts that they control, provided that they have total assets under management that exceed $25 million. For purposes ofthis notice, the aforementioned CTAs, IAs and foreign persons performing a similar role are hereinafter referred to as “Eligible
Account Controllers.” For block trades submitted to CME ClearPort by such persons, this notice provides information on CME
ClearPort account registration procedures for the accounts they control.

Method #1

Method #2

Method #3

An Eligible Account Controller may
register under its own name for accessto CME ClearPort (for the benefits ofblock trade entry on behalf of clients,
viewing trade details, receiving email
notifications on trade entry, etc.). In
this case, the Eligible AccountController name must be reflected as
the trading firm with respect to trade
entry and as the account owner in
CME Account Manager. The clearing
firm should note in the accountdescription field that the account is a“client give- up account” and thisaccount may be used only for blocktrades initiated by the Eligible
Account Controller on behalf of its
clients. Parties should contact theirclearing member for assistance insetting up such an account.

In the event that an Eligible AccountController does not have CME
ClearPort registration in its own
name, the guaranteeing clearing firm
may register an account in its name,with a notation in the accountdescription that names the Eligible
Account Controller and notes thatthe account is a “client give-upaccount.” This account must be
specific to a single Eligible AccountController, and may be used only for
trades initiated by the specific
Eligible Account Controller on behalfof its clients. Again, parties shouldcontact CME ClearPort MarketOperations for assistance in settingup such an account.

In the event that a party registeredwith CME ClearPort as a Broker
maintains a relationship with aguaranteeing clearing member firm,
the guaranteeing clearing member
firm may establish an account in thename of the broker with a notation in
the account description which
additionally names the Eligible
Account Controller and notes that theaccount is a “client give-up account.”
For example: “broker A-XYZ CTAclient give-up account.” This accountmust be specific to a single Eligible
Account Controller and may be used
only for block trades initiated by thespecific Eligible Account Controller onbehalf of its clients. Again, parties
should contact CME ClearPort
Market Operations for assistance insetting up such an account.

Regardless of the registration method used, all other attributes of the account must be properly entered in Account Manager –e.g., the account must have a credit limit (which will be enforced), market types and/or specific products must be permissioned andeligible brokers may be assigned.
After entry of the block trade into CME ClearPort, the clearing member firm may then reallocate/give-up the trade in Front End
Clearing to the end client accounts within the timeframes allowed by CME Clearing for the processing of give-ups. Please note thatsome products may be eligible for average pricing, but others (such as the BTIC block trades) are not. Normal large trader
reporting requirements under Rule 560 regarding account owner identification, and all other Exchange andCME Clearing rules apply.

Please refer to the applicable Market Regulation Advisory Notice concerning additional information andrequirements for block trades: cmegroup.com/rulebook/rulebook-harmonization.html
For more information, please contact PlatformSolutions@cmegroup.com
cmegroup.com
Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Swaps trading should only be undertaken by investors who are Eligible Contract
Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Futures and swaps each are leveraged investments and, because only a percentage of a contract’s value
is required to trade, it is possible to lose more than the amount of money deposited for either a futures or swaps position. Therefore, traders should only use funds that they can afford to lose
without affecting their lifestyles and only a portion of those funds should be devoted to any one trade because traders cannot expect to profit on every trade.
CME Group, the Globe Logo, CME, Globex, E-Mini, CME Direct, CME DataMine and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT is a trademark of theBoard of Trade of the City of Chicago, Inc. NYMEX is a trademark of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the propertyof their respective owners.
The information within this communication has been compiled by CME Group for general purposes only. CME Group assumes no responsibility for any errors or omissions. CME Group does not
represent that any material or information contained in this communication is appropriate for use or permitted in any jurisdiction or country where such use or distribution would be contrary to any
applicable law or regulation.
Additionally, all examples in this communication are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual marketexperience. All matters pertaining to rules and specifications herein are made subject to and superseded by official CME, CBOT, NYMEX and COMEX rules. Current rules should be consulted in allcases concerning contract specifications.
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