INSCX™exchange © 2012. All Rights Reserved.
Merchant Member Firms
Qualifying Membership criteria
Satisfy capital adequacy requirement.
Industry qualified dealing teams.
Passed competent in Nanomaterials.
Fully-
Adopt Exchange settlement procedures.
Abide by formal and Exchange rules.
Merchant Affiliates
Qualifying Membership criteria
Abide by Merchant member instructions.
Enrolled to sit Exchange examinations.
Passed competent in Nanomaterials.
Fully-
Compliant with MLR and KYC.
Enable principal transparency.
Commercial Users
Qualifying Membership criteria
Established as a verifiable entity.
Completed and passed Exchange audit.
Regulatory/”Track and Trace” Compliant.
Approved by Exchange underwriters.
Efficient in pricing feedback.
Compliant with third-
Interpretation of the Rules
Conduct of Business
INSCX™ exchange demonstrates evidence of a growth in the commercial maturity of nanoscience providing the World’s only exchange source of benchmark contracts pertaining to the physical delivery of SHE accredited, compliant and inspected nanomaterials and nano-enabled commodities. We welcome the involvement of NM producers, end-users and non-commercial user merchants seeking to engage in the supply, use and trade of listed instruments. The purpose of the Exchange is to offer a neutral marketplace striving to present true and fair price in listed commodities. To achieve this aim requires us to observe as mandatory a series of rules and regulations pertaining to the offering for sale, purchase and trade of listed commodities. While these rules and regulations apply to both commercial and non-commercial users, the latter category meaning merchants acting to facilitate commercial user access to the Exchange, are bound by our interpretation of Conduct of Business conventions adhered to across the professional global securities and commodity industry. This Exchange is not refuge for the reselling agent or single-trade house claiming an unregulated or non-exchange supervised status as traders, brokers or mandates, but rather an Exchange that welcomes those non-commercial merchants who are familiar with standards in ethics
associated with professional commodity trade. We aim at all times to place the interests of the commercial user [Producer and end-user] above and beyond the assumed rights of any agent to profit from accepting an instruction to act on behalf of such users in the marketplace. While we also welcome proprietary traders using principal funds to speculate, without reservation we uphold the principal of best execution pertaining to any agency trade. An agency trade is where a merchant is instructed to facilitate trade on behalf of a commercial user in return for an agreed fee for successful execution to best available price then prevailing in the market. Fee levels Merchant member are permitted to levy a customer are set by the Exchange commensurate with the consideration pertaining to the transaction in hand.
Our stance is not designed to render us popular with the every increasing army of virtual “brokers”, single-house trade firms or distributors seeking to exploit for self-gain the rights of a material producer or end user to best available price. To us, and merchant members of the Exchange, it is a privilege to act to facilitate and accept instruction to act on behalf of a commercial user. Those who share this view are welcome to participate as non-commercial user members of the exchange as full Merchants Firms or Affiliate Introducing Merchants to earn as reward an acceptable level of fee income.
Our stance is not designed to render us popular with the every increasing army of virtual “brokers”, single-
Member Tariff
[Annual basis]
USD $20,000
[Annual basis]
USD $20,000
Exchange Tariffs for Merchant Member, Merchant Affiliate and Commercial users must be fully paid up before member status is effective.
Member Tariff
[Annual basis]
USD $3,000
[Annual basis]
USD $3,000
Member Tariff
[Annual basis]
USD $2,000
[Annual basis]
USD $2,000