Client Risk Master Account
The Client Risk Master Account allows brokers to submit customer Block or EFRP trades into a single
account for post-trade allocation. These accounts are only permitted for brokers registered under
an Exchange Clearing Member Firm. The end clients are not required to register with CME Group.

CLIENT RISK MASTER ACCOUNT GUIDELINES• 	Client Risk Master Accounts cannot be used by
non-clearing firm brokers (IDBs).
• Client	
Risk Master Accounts created by one
clearing firm cannot be used by brokers of adifferent clearing firm.
• ClientRisk Master Account cannot be used for	
submission of any trade that includes a swap.
• Thesame Client Risk Master Account cannot be	used on the both sides of the same trade, so if
customer-to-customer trades are expected withinthese accounts, two different Client Risk MasterAccounts must be created.
• Clearing	
firms may create as many Client Risk
Master Accounts as they wish to fit their needs.
• Whenregistering an account, the Exchange	Clearing Member Firm must:– 	Set an aggregate credit limit for theClient Risk Master Account throughCME Account Management Services, andbe responsible for using their own tools forcompliance with CFTC Regulation 1.73
with respect to each trade entered into theaccount.

•	When allocating trades, the Exchange Clearing
Member Firm must use the Exchange Give-Up System
to allocate trades entered into a Client Risk MasterAccount to the specific customer account(s) withinone (1) hour of trade submission. An exception tothis one-hour time limit exists for end client accounts
controlled by a CTA, IA, or other similar “Eligible
Account Controller,” whereby the clearing member
firm may then reallocate/give-up the trade to the end
client accounts within the timeframes allowed by CME
Clearing for the processing of give-ups.
• 	Block trades must comply with CME, CBOT, NYMEX
or COMEX Rule 526, as applicable, including
any associated regulatory guidance concerning
block trades issued by the Market Regulation
Department.
• 	The Clearing Firm Risk Administrator sets up
the Client Risk Master Account in CME AccountManagement Services.	Note: Access CME Account Management Services
by logging into the CME Customer Center andselecting Account Management Services from thePortfolio & Risk menu.

– 	Use the customer origin indicator on all
trade entries.

CLIENT RISK MASTER ACCOUNT1ACCOUNT MANAGEMENT SERVICES SETUP PAGE

AFTER SELECTION OF CLEARPORT CLEARING, SELECT “CLIENT RISK MASTER” FOR ACCOUNT TYPE

CLIENT RISK MASTER ACCOUNT2

SETUP A CLIENT RISK MASTER ACCOUNTAccount Setup
#Item

1

Clearing Member

Instructions

2

Account NumberEnter Account Number.

3

Description

Description of account.

4

Account Owner

Must be set to the Clearing Firm name or the name of an affiliate / subsidiary, such as atrading firm.
Note: If the Clearing Firm does not have a trading entity registered for CME ClearPortsubmissions, please contact the Enterprise Application & System Entitlements (EASE) team.

5Asset Manager (Controller) Firm

Leave Blank.

6

House / Customer Indicator

Must be set to Customer.

7

CTI CodeMust be set to the proper CTI Code, pursuant to Rule 536 D.

8Margin/Master AccountMust be “SELF.”

Enable for ClearPort Clearing
9

Enable ClearPort
Clearing Service

Click the blue “Enable” button to the right of ClearPort Clearing. Setup and Permissioningtabs will display.

10Agency Cross

Leave Blank.

11Account Type

Select “Client Risk Master”

Market Permissions and Permissible Products
12Market Permissions andPermissible Products

Set appropriate market permissions and permit (select) all products to be submitted throughthis account.
Note: Access the appropriate section under Market / Product / Broker Permissions in theAccount Management Services Webhelp for more information on market permissions andpermissible products.

Select Broker Firms
13

Select Broker Firm(s)Permitted brokers must only be the Clearing Firm itself, or an affiliate/subsidiary. Otherbrokers must not be assigned to this account.
Note: Access the appropriate section under Market / Product / Broker Permissions in theAccount Management Services Webhelp for more information on market permissions andpermissible products.

Set the Account Credit Control Limits
14

Set RAV Limit

The RAV limit should be set to the overall total aggregated limit for all customer trades that
may be submitted through this account.
Note: Access the appropriate section under Credit Controls in the Account ManagementServices Webhelp for more information on market permissions and permissible products.

For more information, please contact MarketTechSales@cmegroup.com.

Futures trading is not suitable for all investors, and involves the risk of loss. Futures are a leveraged investment, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than theamount of money deposited for a futures 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 they cannot expect to profit on every trade. All examples in this brochure are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the resultsof actual market experience. CME Group® is a registered trademark of Chicago Mercantile Exchange Inc. The Globe logo, E-mini, Globex, CME and Chicago Mercantile Exchange are trademarks of Chicago Mercantile
Exchange Inc. Chicago Board of Trade is a trademark of the Board of Trade of the City of Chicago, Inc. NYMEX is a trademark of the New York Mercantile Exchange, Inc. The information within this brochure has been
compiled by CME Group for general purposes only and has not taken into account the specific situations of any recipients of this brochure. CME Group assumes no responsibility for any errors or omissions. Additionally,all examples in this brochure are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. All matters pertaining to rules andspecifications herein are made subject to and are superseded by official CME, NYMEX and CBOT rules. Current CME/CBOT/NYMEX rules should be consulted in all cases before taking any action.
Copyright © 2019 CME Group. All rights reserved.

PM1764/0119