Trading Permits
The CBOE Futures Exchange (CFE), is a wholly-owned subsidiary of the Chicago Board Options Exchange (CBOE) and offers an all electronic, open access market model. Firms and/or individuals that desire to have direct access to the CFE are required to become a Trading Privilege Holder (TPH) and obtain a TPH permit. Additionally, any firm that desires to become a CFE clearing firm is required to become a TPH and obtain a TPH permit. There is no application fee for CBOE members and currently, there are no dues or permit related fees for all TPHs (transaction fees do apply).
A more informative discussion of CFE's TPH program can be found in the following document: Description of Trading Privileges on CFE
Applications for Trading
Clearing Member Guarantee Forms