The admission by ECC is divided in two parts:
- Admission as Non-Clearing Member:
At the beginning of each membership stands the admission as NCM. Therefore, NCM-forms need to be handed in.
- Admission for Clearing of different products:
The second part of admission is the application for clearing of different products traded on ECC’s Partner Exchanges. Therefore, TP-forms have to be sent in.
- To receive access to ECC’s clearing and settlement systems the NCM has to provide the respective technical form.
After receiving the originals of all documents, ECC will commence the admission process. The documents will be examined for completeness as well as correctness. For your convenience you may also send us a scan in advance in order to avoid mistakes and guarantee a swift admission process.
As soon as all confirmations are available, admission will be issued and information sent to the Partner Exchange and Clearing Member.
Admission Process - Overview
Extension of an NCM Membership - New Products
To extend the existing NCM license to another product the respective Trading Participant Form has to be submitted to ECC. The NCM-Agreement (NCM02) is exchange-specific. Therefore, we kindly ask you to check if it has to be renewed.