FAQs
How to become a participant in exchange trading?
In exchange trading, only traders who are employees of brokerage houses accredited on the exchange can accept.
To participate in the exchange trading on all types of trading , as an option, you can use the services of professional brokers, whose telephones are located on the website in the "About RUAPB" section of the "BROKERS" section .
What are the advantages of using broker services?
The advantages of using brokers by clients are in the possibilities:
- in the future, if necessary, transaction support by issuing additional agreements to contracts on the exchange on behalf of the client under changing delivery conditions, etc.
- prompt execution by the broker of contractual documentation on concluded transactions, provision of services, if necessary, related to further processing of documents at customs;
- the ability of brokers to work with the electronic exchange trading system, which requires time to study the manual on working with electronic databases and the code of exchange trading rules, knowledge of the basic regulatory documents of the exchange and many legislative acts governing exchange activities, the ability to quickly enter applications, knowledge of the strategy and auction bid tactics;
- professional execution by the broker of orders for the sale and purchase of goods, works, services;
Is there an option for direct participation in trading without the services of brokers?
For a direct participation in exchange and auction trading without the services of brokers, a potential participant must become a member of the exchange, for which it is necessary:
- to acquire the right to participate in exchange trading with the submission of an appropriate application;
- pay the prescribed fee and sign a membership agreement with the exchange;
- to study the rules of exchange trading, the management of the ESBT, the provisions of the arbitration commission, the rules of internal control to combat corruption, the legalization of criminal proceeds and the fight against terrorism;
- a foreign company to be accredited in the clearing house of the exchange in accordance with the established procedure;
- undergo training, obtain a broker certificate at specialized courses of commodity brokers in Uzbekistan and present a copy to the exchange;
- A direct participant accredited on the exchange becomes a member of the exchange and acquires dealer status.
Who is a dealer?
A direct participant accredited on the exchange becomes a member of the exchange and acquires dealer status
А dealer, in contrast to a broker works on his own behalf and on his own responsibility when selling and buying goods, and he does not need to draw up a contract-order for the sale and purchase. The dealer can directly submit sales and purchase orders without presenting contract orders and participate in the exchange trading remotely using an electronic digital signature.
Аккредитованный биржевой дилер без дополнительной аккредитации может также напрямую участвовать на выставочно-ярмарочных и аукционных торгах биржи.
What options are there to participate only in the exhibition and fair auction?
If a potential participant has a desire to participate only in the exhibition and trade fair of the exchange, then he may not go through the full accreditation procedure as a member of the exchange. In this case, it is enough to register as a dealer in the exchange broker as a direct participant in the exhibition and fair trade.
At the same time, the direct participant is also required to study and recognize the rules of the exchange trading, guidelines for using the electronic exchange trading system, regulations on the arbitration commission, internal control rules to combat corruption, legalize criminal proceeds and counter terrorism.
Given all of the above, it is much easier for customers to use the services of exchange intermediaries of brokers to save time and effort, especially since brokerage commissions do not exceed exchange fees and fluctuate within 0.1% of the transaction amount.
What are the advantages of trading on the stock exchange?
For more detailed coverage of this issue, there is an article on the site.
What documents must be provided when registering an import or export contract?
The list of documents is presented on the page