BROKERING MEMBER
Institutional
INSTRUCTIONS
1. Please read the Terms and Conditions carefully.

2. Complete the Membership Application, attaching any required documents along with the application.

3. Please send this application form to one of the GCX office addresses listed in the last page. You will be notified once your application is received.
KEY NOTES
1. Approval of Membership Application will take fifteen (15) working days from the day that all the required documents are received by the GCX Membership Manager.

2. Once the membership application is approved, the applicant will be required to undertake a Membership Training, after which the applicant shall be entitled to the following:

• A GCX membership number
• A GCX ID Card
• A GCX Certificate
TERMS AND CONDITIONS FOR MEMBERSHIP AT THE GCX
1. A Broker Member (BM):
i. Can BUY and / or SELL all commodities for themselves and other exchange members and non-members (clients)
ii. Can settle all commodities for self and others

2. A BROKER applicant shall submit this application form along with proof of the following requirements, (duly attested by the applicant), which are a part of the membership criteria:
a. Company Registration Certificates
b. Tax Clearance Certificate/VAT Registration Certificate
c. Latest Auditor report
d. Net worth of GHC 50,000
e. Signed GCX Risk Disclosure form
f. GCX Basic Membership Training Certificate
g. At least one (1) Floor representative
h. Member client agreement for each client (if has clients)

3. A Sign on and Processing fee as specified herein the application form. In the case that this processing fee is not paid, GCX reserves the right to reject this Membership Application

4. GCX reserves the right to accept or reject any Membership Application, or amend the Terms and Conditions without assigning any reason whatsoever.

5. Membership shall be subject to renewal every year on GCX applicable terms.

PROPOSED 2018 GCX MEMBERSHIP FEES
Trader Type: Broker Member

Admission Fee (One Off Payment):
GH₵4,500

Annual Renewal Fee:
GH₵ 2,250

Membership Application Processing Fee:
GH₵50
FOR ENQUIRES, PLEASE CONTACT OUR MEMBERSHIP DEPARTMENT ON THE ADDRESS BELOW
The Membership & Partnership Manager - GCX,
2nd Floor Export Trade House (Next to British Council)
Cruickshank Road/ Liberia Road Ridge
Ridge – Accra

Phone: +233 – 302- 937677
Email: info@gcx.com.gh
Website: www.gcx.com.gh
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