{"id":25684,"date":"2013-05-17T11:24:37","date_gmt":"2013-05-17T05:54:37","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=25684"},"modified":"2024-04-12T14:18:22","modified_gmt":"2024-04-12T08:48:22","slug":"the-board-may-classify-the-membership-of-the-exchange-in-different-categories-for-different-commodities-permitted-to-be-traded-on-the-exchange-and-provide-for-different-rights-and-privileges-for-tradi","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/the-board-may-classify-the-membership-of-the-exchange-in-different-categories-for-different-commodities-permitted-to-be-traded-on-the-exchange-and-provide-for-different-rights-and-privileges-for-tradi\/","title":{"rendered":"Membership of the Exchange"},"content":{"rendered":"<p><a class=\"vsc\" href=\"http:\/\/www.vskills.in\/certification\/ Commodity Dealer\"><span class=\"vsc-cn\" style=\"text-align: center;\"><span style=\"color: red;\">Certify and Increase Opportunity.<\/span><br \/>\n<span style=\"color: green;\">Be <\/span><br \/>\nGovt. Certified Commodity Dealer<br \/>\n<\/span><\/a><\/p>\n<ul>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">The Board may classify the membership of the Exchange in different categories for different commodities permitted to be traded on the Exchange and provide for different rights and privileges for trading, clearing and settlement of contracts in any commodity or group of commodities, securities or instruments or derivatives thereon to the members of different categories. A person desirous of securing the membership of the Exchange may apply for any category of membership, subject to his fulfilling the membership criteria.<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">The membership of the Exchange shall entitle a member of the Exchange to exercise such rights and privileges attached to such membership as he specifically applies for dealing on the Exchange, subject to the Bye-Laws, Rules and Regulations of the Exchange as applicable from time to time.<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">The provisions of the Articles of Association and the Bye-Laws, Rules and Regulations applying to individuals shall apply mutatis mutandis to firms, banks, other financial institutions and bodies corporate who are registered as a member of the Exchange.<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">A Member of the Exchange shall not assign, mortgage, pledge, hypothecate, or charge his right of membership or any rights or privileges attached thereto, and any such attempt shall not be effective as against the Exchange. The Board shall expel any Member of the Exchange who acts or attempts to act in violation of the provisions of this Rule.<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">The membership rights of the Exchange are transferable subject to the terms and\u00a0<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">conditions that may be prescribed by the Exchange in this regard from time to time\u00a0<\/span><span style=\"line-height: 1.714285714; font-size: 1rem;\">and also subject to prior approval of the Exchange.<\/span><\/li>\n<li><span style=\"line-height: 1.714285714; font-size: 1rem;\">There shall be different classes of membership of the Exchange along with associated rights and privileges which shall include Trading-cum-clearing members and other classes as may be defined by the Exchange from time to time.<\/span>\n<\/ul>\n<div class=\"apply\">\n<h3>Apply for Commodity Dealer Certification Now!!<\/h3>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/Certified-Commodity-Dealer\">http:\/\/www.vskills.in\/certification\/Certified-Commodity-Dealer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Certify and Increase Opportunity. Be Govt. Certified Commodity Dealer The Board may classify the membership of the Exchange in different categories for different commodities permitted to be traded on the Exchange and provide for different rights and privileges for trading, clearing and settlement of contracts in any commodity or group of commodities, securities or instruments&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[3357],"tags":[5519],"class_list":["post-25684","page","type-page","status-publish","hentry","category-commodity-dealer","tag-membership-of-the-exchange"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Membership of the Exchange - Tutorial<\/title>\n<meta name=\"description\" content=\"Membership of the Exchange\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/tutorial\/the-board-may-classify-the-membership-of-the-exchange-in-different-categories-for-different-commodities-permitted-to-be-traded-on-the-exchange-and-provide-for-different-rights-and-privileges-for-tradi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Membership of the Exchange - 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