Types of Membership

The membership of the exchange shall be open to all market participants and depending on their specific needs, we offer various categories of membership viz.

Trading Member ( TM): The TM membership entitles the members to only trade

Trading cum Clearing Member (TCM): The TCM membership entitles the members to trade and clear, both for themselves and/ or on behalf of their clients.

Professional Clearing Member (PCM): The PCM membership entitles the members to clear trades executed through their clients, TCMs (if they choose to go through the PCMs), and TMs

Institutional Trading cum Clearing Member (ITCM): An ITCM registered with the Exchange may, in addition to existing rights and responsibilities as TCM, shall be entitled to and liable to settle and clear the trades/transactions done by the Trading Members affiliated with it.