Membership is permitted for Investment Firms and Credit Institutions authorized in the European Economic Area (EEA), and for Non-MiFID Firms (firms without the right to a MiFID license, including firms established within a Member State of the EEA but excluded from the scope of MiFID), and firms from a third country, whether or not authorized. Individual persons and sole proprietorships are not eligible.
Applications are only considered in respect of firms located in jurisdictions with satisfactory regulatory arrangements.
Membership capacities are determined by the scope of the member’s authorization, license or permission from the relevant competent authority. Members may trade as agency (broker), which entitles them to trade exclusively for third parties including other members, or as principal (dealer), which entitles them to trade exclusively for their own accounts. It is also possible to combine both capacities. To act as a market maker/liquidity provider, please note that a license may be required.
Appropriate clearing and settlement arrangements are required, as defined in the NYSE Euronext European Cash Market Rule Book. The Onboarding and Client Administration team is available to assist with this procedure.
Firms may connect to our markets in a number of different ways—e.g., directly or through an application service provider (ASP).