For legal entities, that are inclined to participate in the MSE trading, the Exchange offers two options:

1. Membership and accreditation

   Main categories:

   • the MSE Full Member (termless accreditation);
   • the MSE Non-Full Member (termless accreditation);
   • the MSE Regular Visitor (accreditation for three years)*;
   • the MSE One-time Visitor (accreditation for one year)*.

   * - for residents only

   Documents for accreditation in the Commodity market:

   • Application for accreditation in the Commodity market;
   • Application Form for accreditation as Trading Participant;
   • Application for accreditation (registration) of a Trader(s);
   • Applicant's Letter of Authority for Trader(s) to represent interests of the former on the Exchange trading;
   • Agreement on terms and conditions of Trading Participants performance in the Commodity market (2 copies which have the force of originals);
   • Agreement on the installation of the Internet trading terminal (2 copies which have the force of originals);

   as well as notarized copies of:

   • The State Registration Certificate of the company;
   • The Articles of Association/Charter (for non-residents: translated into Russian and verified in the Consulate);
   • The Tax Authority Registration Certificate of the company;
   • Applicant's statistical codes;
   • Document (order, Board's decision etc.), approving authority of the President/CEO (verified by the company stamp);
   • Card with samples of authorized persons' signatures and a print of the company stamp.
   
   
2. Brokerage firms

   Companies and sole traders can participate in trading sessions via a Brokerage firm - company, accredited at the MSE as a Member (Full or Non-Full) or Regular Visitor and authorized to provide services for its Clients. The current list of Brokerage firms is represented on our website.

   First, you should make a careful consideration of the available companies (background, requirements and terms of payment of each company). Remember that your Brokerage firm can also be a good source of information.

   Then you choose a Brokerage firm at your discretion, and conclude a Broker Service Agreement with it, as well as other Contracts, stipulating service procedure and terms. The Brokerage firm will register you as its Client at the MSE by submitting a Client's application form. This will allow the company to make transactions on your behalf.