Member Representatives

A member representative is an individual authorized to represent the member in transactions with the Exchange and/or in clearing and settlement operations, receive notifications on behalf of the member, maintain open communication channels between the Exchange and the member, and hold signature authority. 

Each member is required to employ at least one member representative while conducting intermediary activities with the Exchange. 

Members must prepare notarized representation documents that meet the minimum requirements set by the Exchange and notify the Exchange of the individuals they appointed as member representatives. 

Member representatives are required to act in good faith and honesty, comply with the Ministry and Exchange regulations, follow the rules set by the Exchange, maintain order and discipline, provide any requested information and documents to the Exchange or its officials, and offer the necessary assistance and cooperation. They must also adhere to the obligations outlined in the relevant regulations. 

The Exchange organizes training programs for member representatives, who are identified in the Exchange’s trading terminals and authorized to transmit orders and perform designated tasks based on the markets in which they will operate. Representatives who are to be registered, as users in the Exchange Trading System (ETS) must attend the ETS training program organized by the Exchange and pass the exam. Those who successfully complete the training programs and meet the requirements outlined in the relevant regulations may act as representatives of members in the Exchange markets. 

Prospective representatives who meet the conditions outlined in the relevant regulations must complete the application form and submit it, along with the necessary documents, to TMEX. 

For training and exam applications, the “TMEX EWR Market Member Representative Information Form” must be completed and sent to uye@turib.com.tr . 

Related Documents 

• TMEX EWR Market Member Representative Information Form  

• TMEX Markets Member Representative Application Form  

• TMEX Member Representative Declaration and Undertaking Letter (Annex-1) 

• TMEX Member Representatives’ Personal Data Protection Information Notice (Annex-2) 

• Explicit Consent Text for TMEX Member Representatives (Annex-3)