Frequently Asked Questions (FAQ)

If a potential participant only wishes to participate in the exchange's exhibition and fair trading, they may not be fully accredited as a member of the exchange. In this case, it is sufficient to register as a dealer in the exchange brokerage as a direct participant in exhibition and fair trading.

At the same time, requirements are also imposed on the direct participant to study and recognize the rules of exchange trading, the manual for using the electronic exchange trading system, the regulation on the arbitration commission, and internal control rules for combating corruption, money laundering, and terrorism.

There is an article on the website to shed more light on this issue.

The list of documents is provided on the page

To participate in trading, you must obtain accreditation as a brokerage office or conclude an agreement with an accredited exchange broker. The brokers list is available in the "Brokers" section.

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;

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.

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.
An accredited exchange dealer may also participate directly in the exchange’s exhibition, trade fair, and auction trading without additional accreditation.