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NSES Membership
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How to Become a Member

Join NSES as a member and gain access to our advanced trading platform, comprehensive market data, and a network of global investors.

Membership Overview

NSES membership provides access to our advanced trading platform, comprehensive market data, and a network of global investors. Our members benefit from state-of-the-art technology, fast execution speeds, and a highly liquid marketplace.

Membership Requirements

To be admitted as a member and to remain a member, an applicant or a member must comply with the following requirements:

  • 1
    Be incorporated and registered as a company under the Companies Act or a foreign company registered under the laws of its jurisdiction
  • 2
    Only appoint executive and non-executive directors who comply with the fit and proper requirements of these Rules
  • 3
    Ensure that a shareholder who is a natural person and who directly or indirectly holds in excess of 10% of the issued shares of the applicant or member complies with the fit and proper requirements of these Rules
  • 4
    Appoint a stock broker who shall be an individual possessing a Degree in a relevant field with at least 5 years of relevant experience in investment business and must have passed the relevant examinations prescribed by the NSES
  • 5
    Appoint an authorised securities dealer who shall be an individual possessing a Degree in a relevant field and at least 2 years of relevant experience in investment business
  • 6
    Appoint a compliance officer in terms of these Rules who complies with the fit and proper requirements set out in these Rules
  • 7
    Appoint a settlement officer and an alternate settlement officer in terms of these Rules who complies with the fit and proper requirements set out in these Rules
  • 8
    Pay the applicable Fees as per the NSES Members Rules Fees Schedule, as may be amended from time to time, and published on the website
  • 9
    Employ adequate resources, procedures and systems that are necessary for the effective performance of the regulated services
  • 10
    Ensure that the dominant business activity is the performance of regulated services, with other activities such as investment management or financial advice subject to appropriate licensing
  • 11
    Ensure that employees are suitable, adequately trained and properly supervised
  • 12
    Maintain adequate financial resources to meet business commitments and to withstand the risks to which the business is subject