Update on INSCX (Integrated Nano-Science and Commodity Exchange)

They’ve been doing a lot of work on the INSCX (Integrated Nano-Science and Commodity Exchange)  since I interviewed the Chief Executive Officer, Charles McGovern this last May (part 1, part 2, part 3). The newly re-launched site features registration information (from the news release I received),

INSCX exchange is the world’s commodity market for trade in accredited, compliant and validated engineered nanomaterials. The exchange’s formal trade platform is scheduled for live launch first quarter 2011.

Registrations are currently being processed for organisations seeking to use exchange facilities.

Membership is defined into five categories;

Permit Holder:

Organisations seeking to supply and/or source engineered nanomaterials listed by the exchange. Permit Holder members are charged a once-off registration fee of GDP £550 to access exchange facilities. This category of membership will relate to commercial organisations active in the supply and/or purchase of materials for trade purposes.

Principal:

Organisations seeking to supply a materials specification for listing as a PCMS (Principal Materials Contract Specification) on the exchange. Principal memberships are set at GDP £5,000 per annum in addition to the registration fee. This category of membership will relate to commercial organisations active in the supply of materials for trade purposes.

Brokers:

Approved Commodity Brokerages accepted to provide agent execution and/or advisory services to customers of INSCX exchange. Broker memberships commence at GDP £10,000 per annum in addition to the registration fee.

Broker/Dealers:

Approved Securities & Commodity trading organisations accepted to act as agent and/or principal on behalf of customers of the exchange. This category of membership would be best suited to global investment banks active in the trading of commodities. Broker/Dealer memberships commence at GDP £25,000 per annum in addition to the registration fee.

Affiliate:

Category of membership reserved for institutes, insurance syndicates, professional organisations – accounting and law, and investment banks active in the research and/or provision of services to emerging nanobusiness. Affiliate memberships commence at GDP £2,500 per annum in addition to the registration fee.

I received this about the:  “summary guides  as to the exchange and a registration document “Web-PRQ” which needs to be completed by all market participants regardless of membership status” but I can’t find them on the website.  I didn’t spend a lot of time searching but did find a registration page here.

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