To be eligible for admission as a Member, an applicant shall satisfy the Exchange of its ability to satisfy the following requirements, where relevant, both at the time of admission as well as on a continuous basis until the termination of the Membership:
(a) in the case of a General Trading Member, licensing requirements as set forth in Rule 2.4.1
(b) in the case of a Bank Trading Member, credit rating requirements as set forth in Rule 2.4.2
(c) financial requirements as set forth in Rule 2.5
(d) technical matters and risk management controls as set forth in Rule 2.6
(e) fit and proper requirements as set forth in Rule 2.12
(f) clearing arrangement with a Clearing Member as set forth in Rule 2.10
(g) other requirements as prescribed under the Act, this Rules and applicable laws.
Amended on 25 August 200925 August 2009.