Membership Criteria

Eligibility

Sr. No Particulars Trading Member [TM] Trading-cum-Clearing Member [TCM] Integrated Trading-cum-Clearing Member [ITCM] Professional Clearing Member [PCM]
1. Paid Up Capital 40,000 40,000 100,000 1,000,000
2. Networth 40,000 40,000 100,000 2,500,000
3. Application Forms Forms
4. FSC Application Forms Forms
5. Initial Margin (Per Market Segment) 20,000 20,000 20,000 20,000

 

However, as per the Financial Services Commission (FSC) requirement, a licensee has to maintain an unimpaired capital of MUR 1,000,000 or its equivalent in USD for each of the licence(s) that would be issued by the FSC.

Fee Structure

An Incentive Scheme is currently being offered. For details regarding the Fees & Deposit Structure, please contact the Membership Department on (+230) 404 0000 or send an email to membership@bourseafrica.com