Membership

Firms may apply to participate directly on ForecastEx as FCM Members or Non-FCM Members. Non-member access may also be available through Introducing Broker or Sponsored FCM arrangements. ForecastEx Members are subject to common operational, financial, and supervisory requirements.

General Member Requirements

• Have a good reputation and business integrity, not be subject to any economic or trade sanctions programs, or include any Person listed on the Office of Foreign Assets Control’s List of Specially-Designated Nationals and Blocked Persons among its beneficial owners.
• Have sufficient operational capabilities and resources to transact with ForecastEx.
• Designate at least one Authorized Trader responsible for entering Bids, and two Authorized Representatives responsible for supervising all activities.
• Complete the ForecastEx Member Application and associated agreement and forms.

Funding and Collateral

Members maintain designated collateral and Clearing Fund accounts on ForecastEx’s books and records. ForecastEx reviews collateral before accepting an order to confirm the order can be fully collateralized.

• ForecastEx currently accepts cash (USD) as collateral for trading activity.
• Members are subject to a minimum Clearing Fund deposit of $250,000.
• Clearing Fund deposits may be made in cash (USD) or U.S. Treasury Bills, valued at 99% of market value.