This membership category can be further classified into three sub-categories as follows:
- Inter-Dealer Brokers
Institutions in this sub-category facilitate liquidity in the FMDQ markets by offering brokerage services amongst FMDQ Dealing Member, and between FMDQ Dealing Members and other financial institutions including pension fund administrators, fund managers and insurance companies. These institutions are registered by the Securitie and Exchange Comission (SEC) as inter-dealer brokers and are authorised by FMDQ to provide their services on the FMDQ platform.
Institutions in this sub-category facilitate liquidity in the FMDQ fixed income and money markets, offering brokerage services between FMDQ Dealing Members and Clients (i.e. end-users of the products) only. The institutions are registered by the Securities and Exchange Commission as brokers and are authorised by FMDQ to provide their services on the FMDQ platform.
Members in this sub-category include, but are not limited to, institutional investors made up of pension fund administrators, other asset/fund managers, insurance companies, other corporates (non-bank) etc. that participate in the FMDQ markets as end-users of the products traded on the Exchange.
Become an Associate Member (Client)