The persons who are obliged to register to the commodity exchanges according to Article 32 of the Law No. 5174 shall notify to the commodity exchanges where they are registered, in one month following the start of business. Date of start of business is the date on which purchase and sale is carried out.
Registration with exchanges is available on request. Provision of Article 7 of this Regulation on the registration of the persons, who have not acted in accordance with the obligation of registration is reserved. those who want to register with exchanges upon request or ex officio must be registered with trade registry or registry of craftsmen and artisans and have purchase or sale of goods subject to commodity exchange in their fields of activities. The third paragraph of Article 32 of the Act is reserved. Natural or legal persons that want to register with the Exchange shall be obliged to provide certification of products subject to trading upon request during registration. The request of membership of those who cannot provide certification of products subject to trading shall be delayed until completion of certification. (Proceedings Regulation)
Of the persons, who are obliged to register, who have been expelled from membership temporarily or long-term shall be registered with the commodity exchanges upon request or ex officio, upon completion of periods of penalty.
COMPULSORY REGISTRATION WITH THE COMMODITY EXCHANGES
The persons engaged in the activity of sale and purchase of the goods that are included in the quotation of commodity exchange, are obliged to register to the commodity exchange they are located. The registration of the persons, who have not acted in accordance with this obligation, shall be done by the exchange ex officio and such registration shall be notified to them. The member registrations that shall be done as per the profession groups shall be kept in a common database which is kept up-to-date and which is constituted in the Ministry and Union in an electronic form.
The persons who are obliged to register to the commodity exchanges shall notify to the commodity exchanges where they are registered, any changes in their legal status that is required to be registered and announced according to the Turkish Commercial Code in one month following the change. If the relevant commodity exchange is informed of any changes that are compulsory to be registered but are not registered within the required formation and time limit, then such exchange shall notify the relevant registry office in order to make the necessary change. The registry office is obliged to make necessary changes upon the mentioned notification.
The branches, liaison offices, factories, representatives, warehouses, purchase and sale places and similar units regardless of their registration at the trade or craftsman registry of the real and legal persons, whose centre of business is out of the commodity exchange working field, and who performs activities in the commodity exchange working field are also required to register to the commodity exchange. .....................................................................................................................................
The following are the documents required for membership.
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