Individual memberships at NYMEX enable the member to trade all NYMEX products at discounted rates. There is one division of NYMEX individual membership.
To be an individual member of NYMEX, you must be an adult with adequate financial resources to assume the responsibilities and privileges of membership and possess good moral character, a good reputation, and business integrity.
CME, CBOT, NYMEX, and COMEX memberships are entirely separate from one another and offer access to different products at different rates. To trade specific products at discounted rates, you must be a member of the Exchange on which they trade.
To find out which products trade on NYMEX:
To be an individual member of NYMEX, you must be at an adult possessing good moral character, a good reputation, business integrity, and adequate financial resources to assume the responsibilities and privileges of membership.
Before you begin trading as a member of NYMEX, you must be qualified to trade by a clearing member.
All applicants must satisfy Exchange educational requirements.
Once you have decided that a NYMEX individual membership is right for you, apply for membership.
To apply for NYMEX membership you must submit:
During the application process, we list the name of each applicant in our Membership Bulletin.
If we approve your membership application, you have 30 days to acquire a membership.
You can acquire a membership via:
You may submit a bid to purchase a membership at any time, e.g., before you submit your application for membership, while your application is being processed, or after your application is approved.
You may also submit a lease agreement or transfer forms once you are approved for membership. You may lease a membership by paying a monthly rent to an owner of membership.
You can find a member to lease from through your clearing firm or through a list of lessors posted on the Membership Pricing page.
Listed here are forms customers may need to process or understand their membership needs and requirements.
Submit the following forms online by logging in to the Membership Portal.
You need a SMART Click ID to log in to the Membership Portal.