Futures exchange operator CME Group Inc. has proposed creating a new type of clearing membership in which a member of the exchange can clear trades for its own account without becoming a full clearing member.

Such members would be "direct funding participants." Obligations to CME from the clearing activity would have to be guaranteed by at least one other clearing member registered as a futures commission merchant.

The U.S. Commodity Futures Trading Commission, the exchange's primary regulator, has requested public comments on the proposed rule change.