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CME Group

CME Group Inc. is a global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, and stock indexes.

Products US Cleared

OG - BTC Options - European

Product Code
OG
Instrument
Options
Inst Sub Type
European
Settlement Type
Deliverable
Underlying Asset
CME BTC Future
Min Block Size (Contract)
5
Min Description
Per Leg
Contract Multiplier
5 BTC
Min Price Increment
5 USD1, 2
Min Contract Increment
1

1 Outrights: Except for cases where the traded Premium <= $25 for which the minimum price increment shall be $1.00
2 Spreads and Combinations: Except for cases where the traded NET Premum <= $25 for which the minimum price increment shall be $1.00

BTC - BTC Futures

Product Code
BTC
Instrument
Futures
Inst Sub Type
-
Settlement Type
Financial
Underlying Asset
CME CF Bitcoin Reference Rate (BRR)
Min Block Size (Contract)
5
Min Description
Per Transaction
Contract Multiplier
5 BTC
Min Price Increment
5 USD1
Min Contract Increment
1

1 Spreads: Except for intermonth spreads executed for which the minimum price increment shall be $1.00

Notes

Minimum block size units when defined as "per transaction" means the sum of the quantities of the legs of the transaction must meet the Minimum Block Size threshold

For a multi-product structure (i.e. Options and Futures) the Options component of the structure must meet the Minimum Block Size threshold for the outright option or option combination. For the Futures component, the quantity of futures executed must be consistent with the delta of the options component of the structure but can be below the Minimum Block Size threshold for outright Futures

All CME Group products are US Cleared

Fees

Paradigm fees for CME Group products are free.

Account Credentials

1

On your Paradigm Dashboard, select Account tab under Derivatives (Listed) → CME Group

2

Click "+"

3

Enter a nickname for the specified clearing credentials. Choose entity, input your Executing Firm# and Account Name

4

You find a list of Clearing Firm #s here for reference, but please confirm with your Clearing Firm

5

Ask your Clearing Firm to enable Paradigm as a ISV

6

Once permissioned, will be able to see your avaible Trader IDs from the Clearing Account configuration

7

In the Trader IDs tab, toggle on the Trader ID you want active

Restricted Jurisdictions

Subject to full KYC and AML review performed by your Clearing broker (FCM).

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