Categories
Download
 
   
Trading-cum-Clearing Member (TCM) - Non-Deposit Based and Deposit Based
TCM is a person/ corporate who is admitted by the exchange as a member, conferring upon them a right to trade and clear through the Clearing House of the Exchange, as a Trading-Cum-Clearing Member.

Eligibility criteria

Entities - Following entities are eligible to apply for membership, subject to the regulatory norms and provisions-

  • Individuals (Proprietary firms)
  • Registered Partnership Firms
  • Association and their subsidiaries
  • Corporate Bodies
  • Banks and Financial Institutions, including their subsidiaries
  • HUFs/ Co-operative Bodies

Preference would be given to Stock Brokers, SEBI registered Sub-Brokers, Commodity Brokers, Traders, Producers, Consumers, Growers, Exporters and Processors.

  • Networth - The minimum networth for the purpose of eligibility is Rs.75 Lakh