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