Membership of the Exchange is available to individuals, partnership firms, corporate houses, HUFs, cooperative societies and other legal entities. Membership is granted to such entities, which comply with all requirements relating to admission fee, security deposit, annual subscription, qualification / experience and net worth criteria.
Members can trade on their own account or on account of their clients. Members can also appoint their sub-brokers and remisiers. Members can also set up their branch offices and franchises. Members/ brokers can charge brokerage or commission from their clients, as may be negotiated between them.
Corporate houses, willing to use National Spot Exchange platform for procurement or sell of commodities, can either become a member directly or can trade through any of the members of National Spot Exchange.
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