ICDX offer two types of membership to fulfil the need of market in the world: Trader Member and Broker Member. For Trader and Broker member that is not ISI clearing house member, may choose their preffered clearing house.
Trader Members can be corporate or individual that are domiciled locally or internationally.
Corporate entities (e.g. private limited companies, partnerships etc) can be 100% Indonesian owned or 100% foreign owned.
ndividuals entities should be either Indonesian residents with NPWP (Indonesian Tax ID's) or Foreigners with NPWP.
The detail to be eligible in becoming a Trader Member :
Tin Traders Special Requirements
Broker Members must be corporate applicants that are domiciled locally or internationally. Corporate entities (private limited companies) can be 100% Indonesian owned or up to 95% foreign owned.
For Clearing member, broker members are allowed to take third party funds for any trading related activities. In addition, Broker members can clear and must guarantee all of the trades (own client trades and non-clearing members' trades). For Non Clearing member, Broker members are allowed to gives members the permission to solicit and accept trades from customers. Hence, they are allowed to take third party funds for any trading related activities. All trades done by this category of members are to be cleared by a broker member who has a clearing membership.
The detail to be eligible in becoming a Broker Member: