| TM is a person having been admitted by the Board as such, who shall have rights to trade on his own account as well as on account of his clients, but shall have no right to clear and settle such trades himself. All such trading member must be affiliated with any one of the Institutional Trading-cum-Clearing Member (ITCM) or Professional Clearing Member (PCM) having clearing rights on the Exchange. Eligibility
criteria
Entities
- Following entities are eligible to apply
for membership, subject to the regulatory norms and
provisions-
- Individuals (Proprietary firms)
- Registered Partnership Firms
- Corporate Bodies
- HUFs
- Networth
- The minimum networth for the purpose of eligibility is Rs.10 Lakh for Non-Corporates and Rs.25 Lakh for Corporates
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