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Becoming a Participating Organization

Membership at PNGX

Not any one person or stock broker can become a member of a stock exchange. There are stringent rules, requirements, and criteria that must be met to the full satisfaction of PNGX before recognition is granted as a duly Approved Participating Organization and member of the PNGX Market.

The PNGX Business Rules do not allow for individual membership. Membership is only available on a corporate basis. Only adequately capitalized firms and organizations can apply.

Generally, membership requirements and criteria are outlined in the PNGX Business Rules – Chapter Six. We encourage you to review the Business Rules for full details.

PNGX may apply additional criteria at its full discretion.

General Membership Requirements

  • The size and structure of a participating organization must be suitable for admission.
  • Directors and senior executives must hold recognized qualifications and have financial markets or banking experience.
  • One or two company directors or executives must apply for recognition as Affiliates.
  • Designated Trading Representatives must hold degrees in appropriate fields.
  • The company must be adequately capitalized.
  • Directors and executives must pass the fit and proper test criteria of PNGX or the Central Bank of PNG.
  • The organization must maintain a registered office in Papua New Guinea.

Ready to become a Participating Organization on PNGX?

Review the Business Rules and apply today!

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