SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested

Registered Entity Identifier Code (optional): 18-074

Organization: Commodity Exchange Inc. (“COMEX”)

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): February 7, 2018 Filing Description: Addition of CME 

ClearPort Clearing Venue to Four (4) Existing COMEX Metals Futures Contracts for 

Submission of Block Trades and Exchange for Related Position Transactions.

SPECIFY FILING TYPE 

Please note only ONE choice allowed per Submission.

Organization Rules and Rule Amendments

Certification § 40.6(a)

Approval § 40.5(a)

Notification § 40.6(d)

Advance Notice of SIDCO Rule Change § 40.10(a)

SIDCO Emergency Rule Change § 40.10(h)

Rule Numbers: 52B, 56A, 60A

New Product Please note only ONE product per Submission.

Certification § 40.2(a) 

Certification Security Futures § 41.23(a)

Certification Swap Class § 40.2(d)

Approval § 40.3(a)

Approval Security Futures § 41.23(b)

Novel Derivative Product Notification § 40.12(a)

Swap Submission § 39.5

Official Product Name: 

Product Terms and Conditions (product related Rules and Rule Amendments)

Certification § 40.6(a) 

Certification Made Available to Trade Determination § 40.6(a)

Certification Security Futures § 41.24(a)

Delisting (No Open Interest) § 40.6(a) 

Approval § 40.5(a)

Approval Made Available to Trade Determination § 40.5(a)

Approval Security Futures § 41.24(c)

Approval Amendments to enumerated agricultural products § 40.4(a), § 40.5(a)

“Non-Material Agricultural Rule Change” § 40.4(b)(5)

Notification § 40.6(d)

Official Name(s) of Product(s) Affected: See filing Rule Numbers: See filing
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

1

Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

February 7, 2018

VIA ELECTRONIC PORTAL

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: CFTC Regulation 40.6(a) Certification. Notification Regarding the Addition of CME 

ClearPort Clearing Venue to Four (4) Existing COMEX Metals Futures Contracts for 

Submission of Block Trades and Exchange for Related Position Transactions.

COMEX Submission No. 18-074

Dear Mr. Kirkpatrick:

Commodity Exchange Inc. (“COMEX” or “Exchange”) is notifying the Commodity Futures Trading 

Commission (“CFTC” or “Commission”) that it is self-certifying the addition of the CME ClearPort 

clearing venue to the four (4) existing metals futures contracts listed in the table below (the “Contracts”) 

for submission of block trades and Exchange for Related Position (“EFRP”) transactions as more 

specifically noted in Table 1 below effective on Sunday, February 25, 2018 for trade date Monday, 

February 26, 2018.

Table 1. 

Contract Title COMEX

Rulebook 

Chapter

Commodity 

Code

CME Globex/CME ClearPort

Listing Schedule

Minimum 

Block 

Threshold 

Level

E-mini Gold Futures 911 QO

Any February, April, June, 

August, October, and 

December falling within a 24-

month period for which a 100 

Troy Ounce Gold Futures 

contract is listed.

25 contracts

E-mini Silver Futures 912 QI

Any January, March, May, 

July, September, and 

December contract month 

falling within the current 24-

month period for which a 

5,000 Troy Ounce Silver 

Futures contract is listed.

25 contracts

E-mini Copper Futures 913 QC

The same months as the fullsized Copper futures contract 

(HG), except the current 

month (HG: the current 

calendar month, the next 23 

calendar months, and any 

March, May, July, September, 

and December falling within a 

20 (for the nonspot nearby 

active month 

and second 

active month) 5 

(for every other 

month)
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

2

60-month period beginning 

with the current month).

E-micro Gold Futures 120 MGC

Any February, April, June, 

August, October, and 

December falling within a 24-

month period for which a 100 

Troy Ounce Gold Futures 

contract is listed.

25 contracts

Trading and Clearing Hours:

CME Globex and CME ClearPort: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago Time/CT with a 60-

minute break each day beginning at 4:00 p.m. CT. 

Exchange Fees:

The Exchange fees associated with the E-mini Gold Futures, E-mini Silver Futures and E-mini Copper 

Futures contracts are provided in Table 2 below.

Table 2. E-mini Gold Futures, E-mini Silver Futures and E-mini Copper Futures

Processing Fees Fee

Facilitation Fee $0.50

Give-Up Surcharge $0.05

Position Adjustment/Position Transfer $0.10

The Exchange fees associated with the E-micro Gold Futures contract are provided in Table 3 below.

Table 3. E-micro Gold Futures

Exchange Fees

Member Non-Member

International 

Incentive 

Programs 

(IIP/IVIP)

CME Globex $0.38 $0.75 $0.56

EFP $0.38 $0.75 

Block $0.38 $0.75 

EFR/EOO $0.38 $0.75

Exchange Fees

Member Non-Member

International 

Incentive 

Programs 

(IIP/IVIP)

CME Globex $0.10 $0.20 $0.15

EFP $0.10 $0.20

Block $0.10 $0.20 

EFR/EOO $0.10 $0.20
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

3

Processing Fees House Account 

Customer 

Account

Delivery Notice $0.10 $0.20

Other Processing Fees Fee

Facilitation Fee $0.50

Give-Up Surcharge $0.05

Position Adjustment/Position Transfer $0.10

The Exchange reviewed the designated contract market core principles (“Core Principles”) as set forth in 

the Commodity Exchange Act (“Act” or “CEA”) and identified that the amendments to the Contracts may 

have some bearing on the following Core Principles:

• Availability of General Information: The Exchange will disseminate a Special Executive Report 

(“SER”) to the marketplace regarding this proposal. The SER will also be posted on the CME 

Group website.

• Daily Publication of Trading Information: The Exchange shall make public daily information on 

settlement prices, volume, open interest, and opening and closing ranges for actively traded 

contracts on the contract market. 

• Execution of Transactions: The Contract will be listed for trading on the CME Globex electronic 

trading and for clearing through CME ClearPort. The CME Globex electronic trading venue 

provides for competitive and open execution of transactions. CME Globex affords the benefits of 

reliability and global connectivity.

Pursuant to Section 5c(c) of the Act and CFTC Regulation 40.6(a), the Exchange hereby certifies that the 

amendments to the Contracts comply with the Act, including regulations under the Act. There were no 

substantive opposing views to this proposal. 

The Exchange certifies that this submission has been concurrently posted on the CME Group website at 

http://www.cmegroup.com/market-regulation/rule-filings.html.

Should you have any questions concerning the above, please contact the undersigned at 212-299-2200 

or via e-mail at CMEGSubmissionInquiry@cmegroup.com.

Sincerely,

/s/ Christopher Bowen

Managing Director and Chief Regulatory Counsel