Individual memberships at COMEX enable the member to trade products on the Exchange at discounted rates. COMEX has two levels of individual memberships: a COMEX membership and a COMEX options membership.
To be an individual member of COMEX, 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 COMEX:
There are two divisions of individual COMEX membership. Each type determines eligibility for trading certain products at reduced rates.
Trades: All COMEX products
Trades: Options only
Once you have decided a COMEX individual membership is right for you, apply for membership.
To apply for COMEX membership you must submit:
Notes:
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 any division 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.