|
|
|
|
|
|
|
|
|
|
| Types of Membership |
| |
| |
| |
 |
Trading-cum-Clearing Member
(TCM) - Non-Deposit Based
and Deposit Based |
|
|
|
| Trading-cum-clearing members (“TCM”) are entitled to trade on their own account as well as on account of their clients. TCMs can also clear and settle these trades themselves. TCMs are divided into two sub-categories: non-deposit based members and deposit-based members. |
| |
| Eligibility criteria |
| Entities
- Following entities are eligible to apply for membership, subject to the regulatory norms and provisions- |
- Sole Proprietors/Individuals (Proprietary firms)
- Registered Partnership Firms
- HUFs,
- Companies,
- Co-operative societies,
- Public Sector Organisations,
- Statutory organisations or any other Government or non-Government Entities.
|
| |
| Networth |
| The minimum networth for the purpose of eligibility is Rs.75 Lakh |
| |
|
|
|
|
|
|
|
Membership
- Institutional Trading-cum-Clearing
Member (ITCM) |
|
|
|
| Institutional trading cum clearing members (“ITCM”) are entitled to trade on their own account as well as on account of their clients, clear and settle trades executed by themselves as well as of trading members and trading cum clearing members of our Exchange. |
| |
| Eligibility criteria |
| Entities
- Following entities are eligible to apply for membership, subject to the regulatory norms and provisions - |
|
|
| |
| Networth |
| The minimum networth for the purpose of eligibility is Rs.100.00 Lakh |
| |
|
|
|
|
|
|
|
|
Membership - Professional
Clearing Member (PCM) |
|
|
|
| Professional Clearing Members (“PCM”) are entitled only to clear and settle trades executed by trading-cum-clearing members or trading members of our Exchange. |
| |
| Eligibility criteria |
| Entities
- Any companies, institutions are eligible to apply for membership, subject to the regulatory norms and provisions. |
| |
| Networth |
| The minimum networth for the purpose of eligibility is Rs.500 Lakh |
| |
|
|
|
|
|
|
|
|
Trading Member (TM)
|
|
|
|
| Trading members (“TM”) are persons who have been admitted as such, and have rights to trade on their own account as well as on account of their clients. However, TMs have no right to clear and settle such trades. All TMs must be affiliated with any one of the institutional trading-cum-clearing member or professional clearing members having clearing rights on our Exchange. |
| |
| Eligibility criteria |
| Entities
- Following entities are eligible to apply for membership, subject to the regulatory norms and provisions- |
- Individuals (including sole proprietorships),
- Registered Partnership Firms,
- Corporate Bodies and
- Hindu Undivided Families (“HUFs “).
|
| |
| Networth |
| The minimum networth for the purpose of eligibility is Rs.10 Lakh for Non-Corporates and Rs.25 Lakh for Corporates. |
| |
|
|
|
|
|
|
|
|
|
FAQs |
|
|
|
|
|
|
| |
|
| |
|
| |
|
|
|
 |
|
|
For Latest commodity futures prices, SMS “MCX
<space> <Commodity
Name>“ to 58888 |
|
 |
|
|
|
