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Membership Requirements

Becoming a Clearing Member

SCCP grants clearing membership to qualified institutions that meet regulatory and operational requirements.

Eligible Requirements
Eligible Requirements

Applicants must:

Be a broker-dealer licensed by the Securities and Exchange Commission
Be a participant of the Philippine Stock Exchange, Inc.
Be a participant of the securities depository
Maintain a settlement account with an accredited settlement bank
Eligible Requirements
General Requirements

Applicants must demonstrate:

Adequate financial capacity
Operational readiness and technical capability
Compliance with regulatory standards
Qualified personnel to manage clearing operations
Please refer to the table below for detailed membership requirements.
AssociationMembership KitSettlement Bank AccountsCTGF
Trading Participant Accreditation by PSELetter of Application as Clearing MemberCash Settlement Account (CSA)Initial Contribution to the CTGF
PDTC MembershipMembership Application and Master AgreementCash Collateral Deposit Account (CCDA)
Clearing Member Information Form (CMIF)CCDA Agreement
Secretary Certificate (Certification on the Board authorization to file a Membership Application to SCCP with authorized signatories)Cash Settlement Account Waiver and Authorization
Specimen Signature Cards (2)Cash Collateral Account Waiver and Authorization
Articles of Incorporation and By-LawsAutomatic Debit Arrangement (ADA) Enrolment with BDO or RCBC
SEC Certificate of Registration
Letter of Undertaking
Clearing Members
Clearing Member sort-iconCode sort-iconNationalityNomineeContact NumberStatus sort-icon
A & A SECURITIES, INC101LocalMr. Jonathan Chan811-1008 to 10; 891-1008 to 10ACTIVE
A. T. DE CASTRO SECURITIES CORP104LocalMr. Alejandro T. De Castro848-7160 to 63ACTIVE
AAA SOUTHEAST EQUITIES, INC.237LocalMr. D.Alfred A. Cabangon816-2918; 892-9841 to 49 loc 13ACTIVE
AB CAPITAL SECURITIES, INC.112LocalMr. Ericson C. Wee898-7555/878-7617/898-7616ACTIVE
ABACUS SECURITIES CORPORATION102LocalMr.Paulino S. Soo667-8900ACTIVE
ALAKOR SECURITIES CORPORATION232LocalMr. Victor V. Benavidez631-3113;6374496ACTIVE
ALPHA SECURITIES CORP.106LocalMr. Jonathan Joseph S. Kui654-6806; 654-6807; 477-9959; 477-9279; 470-8356ACTIVE
ANSALDO, GODINEZ & CO., INC.111LocalMr. Kenneth S. Godinez242-5124 to 31ACTIVE
AP SECURITIES, INCORPORATED110LocalMs.Wilma C. Crisostomo848-2915ACTIVE
APEX PHILS. EQUITIES CORPORATION255LocalMr. Jose Roberto Delgado527-8888ACTIVE
ARMSTRONG SECURITIES, INC.388LocalMr. Tony O. King878-4043ACTIVE
ASIA PACIFIC CAPITAL EQUITIES AND SECURITIES CORP.116LocalMr. David O. Chua634-5621; 635-4550 & 51ACTIVE
ASIASEC EQUITIES, INC.118LocalMr. Gideon G. Sison845-3421 to 26ACTIVE
ASTRA SECURITIES CORPORATION119LocalMr. Benito B.H. Ang848-6421/23ACTIVE
AURORA SECURITIES, INC.167LocalMr. Emmanuel Edward C. Co637-1092 to 95ACTIVE
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