Membership
Become a Member at IEX
To apply for membership of the exchange as well as to obtain any related information, please contact- Membership Department Plot No. C-001/A/1, 9th Floor, Max Towers, Sector 16B, Noida, Gautam Buddha Nagar, Uttar Pradesh – 201301
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Types of Membership
REC 2
REC Trader Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
REC Facilitator Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
REC Proprietary Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
ESCerts 3
ESCerts Trader Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
ESCerts Facilitator Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
ESCerts Proprietary Membership
- The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
Electricity
Trader Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
Proprietary Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
Facilitator Membership
The new entity would be required to undergo the process of admission as a member and submit all admission related documents as given under the link "Membership Documents" .
Fee and Deposit Structure
a). Members may please note that if they forward copies of required documents, as above, in scanned form by email to membership@iexindia.com (mailto:membership@iexindia.com), the Exchange would be able to process the request in a more expeditious manner.
b).However, please note that hard copies for all these documents have to compulsorily be submitted as well.
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Terms and Conditions
- In Proprietary Membership category(Electricity/REC), Member can trade for its own account only and annual client subscription fee will not be charged for first portfolio registered.
- Exclusive REC/ESCerts Membership can be upgraded to Electricity/REC Membership by paying the differential amount.
- Existing Members and clients active in Electricity or REC segment at the time of registration in ESCerts segment are eligible to trade in ESCert market at no extra cost for complete PAT Cycle.
- Admission fees and Annual Subscription fees are non- refundable.
- Annual Subscription fees (Member and client) is payable in full amount by the member for twelve months whenever its earlier fees get fully utilized and the fees payable will be valid for succeeding 12 months.
- Security Deposit is refundable on surrender of the Membership and only after completion of 3 years as a member.
- Membership is transferable only after completion of 3 years.
- The main objects of the company, who wish to trade on behalf of clients, should include the business of Power/REC/ESCerts Trading.
- Minimum Net Worth criteria is not applicable in case Government Dept or State Electricity Board (SEB’s) apply for IEX membership.
Corporate Office
Indian Energy Exchange Limited Plot No. C-001/A/1, 9th Floor, Max Towers, Sector 16B, Noida, Uttar Pradesh-201301 Phone: 0120 – 4648100 | www.iexindia.com| (http://www.iexindia.com|) CIN: L74999DL2007PLC277039
Admission Process
All applicants have to undergo the following process before they are activated for trading.
CONTACT INFO
Corporate Office
Address,Plot No. C-001/A/1, 9th Floor, Max Towers,Sector 16 B,Noida,Uttar Pradesh,201301
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