- organisations which are banks, members of recognized stock exchanges, licensed dealers in securities, members of recognized security dealers’ associations, asset and fund managers, insurance companies, recognized trading venues (such as recognized stock exchanges and multilateral trading facilities), central counterparties, clearing and/or settlement systems or organisations which are affiliated to either a bank or a member of a recognized stock exchange are eligible for full membership;
- organisations which do not qualify as full members but play an important role in the international capital markets and maintain close relations with ICMA are eligible for associate membership (such as government institutions, central banks, credit rating agencies, trade bodies, law firms and management consultants).
- ICMA members are geographically widespread and they vary considerably in size and types of activity.
In contrast to full members, associate members are not entitled to vote, to take part in elections at general meetings or to be represented on the board.
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