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1. Clearing's Financial Safeguards System of CME
The two main functions of CME Clearing's Financial Safeguards system are risk management and financial surveillance.
CME Clearing system is designed to provide the highest level of safety and the early detection of unsound financial practices on the part of any clearing member; continually updated to reflect the most advanced risk management and financial surveillance techniques; directed by senior management from the Audit, Clearing, Finance, Legal, Market Regulation, Risk Management, and executive areas of CME Group.
The financial integrity of CME Clearing is a foremost consideration of Clearing House Risk Committee, CME Group Board of Directors, and management. CME Group is vitally aware of its role in international financial markets and believes that its financial safeguard system, designed for the benefit and protection of both clearing members and their customers, is second to none.
2. Clearing Overview
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