Member Activities

Individual Clearing Member (ICM)

An ICM is a Member of NASDAQ Dubai which can execute its own and its customers' orders and clear this business, but it cannot clear business for others.

General Clearing Member (GCM)

A GCM is a Member of NASDAQ Dubai which can execute its own and its customers' orders and also has the capacity to clear its own trades, its customers' trades and clear on behalf of Trading Members.

Trading Member

A Trading Member will only execute its own orders or orders on behalf of its customers. A Member with this status will need to establish a relationship with a General Clearing Member (GCM).

The current Members of NASDAQ Dubai fall in to the following categories:

Trading