TERMS AND CONDITIONS FOR MEMBERSHIP AT THE GCX
A Trading Member (TM)
i. Can BUY and / or SELL for self only.
ii. Can Settle all commodities for self only.
2. A TRADING 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(Cert of Commence & Incorporation)
b. Tax Clearance Certificate or 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
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.