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Registration of Bankers & Brokerages



Traders on this Exchange are necessarily required to be registered as brokers of record before being granted access to the Exchange Platform. Getting registered, of course, is permitted to non-natural legally organized entities such as corporation, limited liability companies, and partnerships.

The procedure is that a broker makes registration request to get identified as an Exchanger accessor but that is a Technology broker. Subsequently the Technology broker then applies for Authorization to be allowed to trade on the platforms collective. The Exchange repackages the information collected from the applicant in course of the application into a Standard Exchange Application ( pdf) document and then sends it to the applicant as formal reply inviting the broker to make a formal application by forwarding a fully-filled out form giving details information about the entity submitting the application. Upon receipt of the fully-filled out and signed application, the documents are reviewed to be determined as accurate.

Following such determination of accuracy, the technology Broker is invited to request for the IP-Licence Exchange and the number of Trading-Pits required to support custom trading operation. These devices are generally hand delivered and installed on the site of the technology Broker by a crew of the The Exchange, but after the broker pays for the Trading Devices and attendant Software. The Trading Devices are then installed together with the software, and tested for use functionality by the Exchange installation crew. This service is provided without regard to the location of the broker on the Globe-Earth. After some testing by the installation crew and assessed as fully functional as required, the broker system is brought on line by integration with the actual Exchange using the data center operations of the Exchange.

The payments of the Trading Devices and the enabling Software are, of course, a one time procurement payment; however, the Technology Brokerage still makes software support service costs which is paid monthly , quarterly or semiannually as per the preference of the brokerage.
 

 

 

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