Summary of NYMEX Fees Per Side

Process for NYMEX Individual Membership

• A typewritten application for membership, which includes
• Answers to questions on education, employment, residential and disciplinary history; and
• Completion of a financial statement of assets, liabilities and net worth;
• A $2,000 non-refundable fee made payable to CME Group;
• Two 2” x 2” passport-quality color photographs; and
• A certified birth certificate or passport

During the application process, CME Group will:

• List the name of each applicant in our Weekly Special Executive Report
• Post your photo on the NYMEX trading floor

If your membership application is approved, you have 30 days to acquire a membership via:

• Purchase
• Gift
• Lease
• Family transfer
• Firm transfer

Eligibility and Requirements:

To be an individual member of NYMEX, you must be at an adult and must possess

• Good moral character
• A good reputation
• Business integrity
• Adequate financial resources to assume the responsibilities and privileges of membership

Before you begin trading as a member of NYMEX, you must:

• Be qualified to trade by Dorman Trading
• Be registered with the National Futures Association (NFA) as either a floor trader or floor broker before you start trading on the floor

All applicants must satisfy Exchange educational requirements. If you will be accessing the NYMEX trading floor you will be required to attend a new member orientation and pass a Qualifying Examination covering the basics of the commodity industry, and the Rules and Regulations. You will receive study materials when you submit your application.