# MERJ Exchange > MERJ Exchange is the world's first fully regulated digital securities exchange, licensed in Seychelles. It provides institutional-grade infrastructure for listing, trading, clearing, settlement, and registry of traditional and digital securities. > Resource Center: https://merj.exchange/resource-center ## Regulatory Framework ### Listing - [Overview](https://merj.exchange/docs/listing/overview): Overview of the regulatory framework for listing securities - [Additional Rules (Bonds)](https://merj.exchange/docs/listing/publish-your-docs/additional-rules-bonds) - [Ad Hoc Disclosure Obligations](https://merj.exchange/docs/listing/directives/ad-hoc-disclosure-obligations) - [Listing Particulars Scheme - Equities](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-equities) - [Listing Rules](https://merj.exchange/docs/listing/publish-your-docs): >- - [Additional Rules (ETP)](https://merj.exchange/docs/listing/publish-your-docs/additional-rules-etp) - [Admission of Certain International Securities and Recognized Mutual Funds](https://merj.exchange/docs/listing/directives/admission-of-certain-international-securities-and-recognized-mutual-funds) - [Listing Particulars Scheme - Bonds](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-bonds) - [Additional Rules (Derivatives)](https://merj.exchange/docs/listing/publish-your-docs/additional-rules-derivatives) - [Directives](https://merj.exchange/docs/listing/directives) - [Auditor Qualifications](https://merj.exchange/docs/listing/directives/auditor-qualifications): Directive Auditor Qualifications - [Listing Particulars Scheme - ETP](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-etp) - [Listing Particulars Scheme - Derivatives](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-derivatives) - [Listing Particulars Schemes](https://merj.exchange/docs/listing/listing-particulars-schemes) - [Corporate Governance](https://merj.exchange/docs/listing/directives/corporate-governance): Directive Corporate Governance - [Complex Financial History](https://merj.exchange/docs/listing/directives/complex-financial-history): Directive Complex Financial History - [Listing Particulars Scheme - Depository Securities](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-depository-securities) - [Definitions](https://merj.exchange/docs/listing/definitions) - [Debt Securities Specific Structures](https://merj.exchange/docs/listing/directives/debt-securities-specific-structures): Directive Debt Securities Specific Structures - [Listing Particulars Scheme - Investment Entities](https://merj.exchange/docs/listing/listing-particulars-schemes/listing-particulars-scheme-investment-entities) - [Delisting](https://merj.exchange/docs/listing/directives/delisting): Directive Delisting - [Distribution of Equity Securities](https://merj.exchange/docs/listing/directives/distribution-of-equity-securities): Directive Distribution of Equity Securities - [Financial Reporting](https://merj.exchange/docs/listing/directives/financial-reporting): Directive Financial Reporting - [Foreign Companies](https://merj.exchange/docs/listing/directives/foreign-companies): Directive Foreign Companies - [Form of Securities](https://merj.exchange/docs/listing/directives/form-of-securities): Directive Form of Securities - [Guarantee Commitments](https://merj.exchange/docs/listing/directives/guarantee-commitments): Directive Guarantee Commitments - [Management Transactions](https://merj.exchange/docs/listing/directives/management-transactions): Directive Management Transactions - [Procedures for Debt Securities](https://merj.exchange/docs/listing/directives/procedures-for-debt-securities): Directive Procedures for Debt Securities - [Procedures for Depository Securities](https://merj.exchange/docs/listing/directives/procedures-for-depository-securities) - [Procedures for Equity Securities](https://merj.exchange/docs/listing/directives/procedures-for-equity-securities): Directive Procedures for Equity Securities - [Procedures for Exchange Traded Products](https://merj.exchange/docs/listing/directives/procedures-for-exchange-traded-products): Directive Procedures for Exchange Traded Products - [Recognized Representatives](https://merj.exchange/docs/listing/directives/recognized-representatives): Directive Recognized Representatives - [Regular Reporting Obligations](https://merj.exchange/docs/listing/directives/regular-reporting-obligations): Directive Regular Reporting Obligations - [Regular Reporting Obligations - Secondary Listings](https://merj.exchange/docs/listing/directives/regular-reporting-obligations-secondary-listings): Derivative Regular Reporting Obligations for Secondary Listings - [Track Record](https://merj.exchange/docs/listing/directives/track-record): Directive Track Record - [Virtual Assets as Underlying Instruments](https://merj.exchange/docs/listing/directives/virtual-assets-as-underlying-instruments): Directive Virtual Assets as Underlying Instruments ### Markets - [Overview](https://merj.exchange/docs/markets/overview) - [Market Rules](https://merj.exchange/docs/markets/market-rules) - [Directives](https://merj.exchange/docs/markets/directives) ### Clearing and Settlement - [Clearing Agency Rules](https://merj.exchange/docs/clearing-and-settlement/clearing-agency-rules) - [MERJ Clearing and Settlement Rules](https://merj.exchange/docs/clearing-and-settlement/page/merj-clearing-and-settlement-rules) - [Clearing Agency Rules](https://merj.exchange/docs/clearing-and-settlement/page/page-1) - [Clearing and Settlement Documentation](https://merj.exchange/docs/clearing-and-settlement/page) ### CSD - [CSD Rules](https://merj.exchange/docs/csd/csd-rules) - [Depository Interests](https://merj.exchange/docs/csd/directives/depository-interests) - [Directives](https://merj.exchange/docs/csd/directives) ### Other - [Rules of Procedure](https://merj.exchange/docs/other/rules-of-procedure): The Rules of Procedure for Investigations, Sanctions and Appeals ### General Documentation - [Welcome](https://merj.exchange/docs/welcome) - [LR Update Summary](https://merj.exchange/docs/lr-update-summary) ## Knowledge Base ### Getting Started > Learn the basics of using MERJ Exchange - [How to open a MERJ Account?](https://merj.exchange/knowledge/how-to-open-a-merj-account): Option 1: Direct Participation MERJ offers the following two direct account options: 1. CSD Account (view only): The Central Securities Depository (CSD) Account permits investors to view current ho... - [Does MERJ Have a Mobile App?](https://merj.exchange/knowledge/does-merj-have-a-mobile-app): Introduction: MERJ Exchange does not currently offer a dedicated mobile application. However, our platform is fully optimized for mobile web browsers, allowing you to access your account and trade ... - [What are the KYC requirements for Individuals?](https://merj.exchange/knowledge/individual-account-kyc): Required KYC Documents Description Acceptable Forms Identification Document (ID) Photo-based, government-issued ID Must be valid (with an expiry date) Passport (preferred ID Document) Government-is... - [Client Onboarding and KYC Update Procedures](https://merj.exchange/knowledge/client-onboarding-and-kyc-update-procedures): As part of our regulatory obligations and commitment to maintaining a secure and compliant marketplace, MERJ requires all clients to complete an initial Know Your Customer (KYC) process during onbo... ### Fees & Referral Programs > Fee schedules and referral program details - [MERJ DEP Fees](https://merj.exchange/knowledge/what-are-the-merj-dep-fees): Please click on the below link for the current Schedule of Fees & Charges for MERJ DEP MERJ DEP Fees and Charges (effective 1 July 2023) - [Member Fees](https://merj.exchange/knowledge/what-are-the-applicable-fees-for-a-broker-member-on-merj): Please click on the below link for the Schedule of Fees and Charges for Service Providers.  https://merj-files.s3-eu-west-1.amazonaws.com/Schedule+of+Fees+and+Charges+for+Service+Providers.pdf... - [Listing Fees](https://merj.exchange/knowledge/what-are-the-applicable-fees-for-a-listing-on-merj): 1. Listing Fees Please click on this link for the Schedule Fees and Charges for Issuers of Securities: https://merj-files.s3-eu-west-1.amazonaws.com/Schedule+of+Fees+and+Charges+for+Issuers+of+Secu... - [Trading Fees and Commissions](https://merj.exchange/knowledge/trading-fees): Overview MERJ Exchange applies competitive trading fees across its various market segments, ensuring accessibility and cost efficiency for traders. Trading fees are structured based on the market t... - [Sponsor Advisor Fees](https://merj.exchange/knowledge/what-are-the-applicable-fees-for-a-sponsor-advisor): Please click on the below link for the Schedule of Fees and Charges for Service Providers. https://merj-files.s3-eu-west-1.amazonaws.com/Schedule+of+Fees+and+Charges+for+Service+Providers.pdf   - [Deposit & Withdrawal Fees](https://merj.exchange/knowledge/deposit-withdrawal-fees): Deposit Fees MERJ Exchange does not charge any fees for depositing funds or securities.  Withdrawal Fees Withdrawal fees vary depending on the method used. Below is the current fee structure: ... - [MERJ Group Billing Policy](https://merj.exchange/knowledge/merj-group-billing-policy): MERJ is committed to providing clear and transparent billing practices. This policy outlines the steps we take to ensure that all billing information is accurate and up to date. 1. Application/Init... ### Account Management > Manage your account settings and profile - [Resetting Your Password](https://merj.exchange/knowledge/resetting-your-password): If you have forgotten your password or need to update it for security reasons, you can reset it through the Investor Portal (portal.merj.exchange). Follow these steps to regain access or update you... - [Personal Details](https://merj.exchange/knowledge/personal-details): Managing your personal details in the Investor Portal (portal.merj.exchange) ensures your account information remains up to date. Follow these steps to review and update your details. Accessing Per... - [Managing Bank Details](https://merj.exchange/knowledge/managing-bank-details): The Bank Details section in the Investor Portal (portal.merj.exchange) stores the bank account information recognized for deposits and withdrawals. Follow these steps to manage your banking details... - [How to unlock your account?](https://merj.exchange/knowledge/how-to-unlock-your-account): If you are having trouble accessing your account, please email us on support@merj.exchange for us to assist further.  Kindly quote your MERJ Client Number as well as your registered email addr... ### Other > Additional resources and information - [MERJ Platform Participant Agreement](https://merj.exchange/knowledge/merj-platform-participant-agreement): The Platform Participant Agreement sets out the terms and conditions for participation in MERJ Exchange trading platforms. - [MERJ Exchange Website Terms of Use](https://merj.exchange/knowledge/website-terms-of-use): Last Updated: 10 December 2024 Welcome to the MERJ Exchange Limited ("MERJ") website. By accessing or using this website, you agree to the terms and conditions outlined below. If you do not agree w... - [MERJ Deposit Interest](https://merj.exchange/knowledge/merj-deposit-interest-rates): This article lays out the key terms and current rates of Deposit Interest pursuant to Section 7 of the Platform Participation Agreement. References to ‘Fee Schedule’ in Section 7 of the Platform Pa... - [How do I apply for a Seychelles ISIN?](https://merj.exchange/knowledge/how-do-i-apply-for-an-isin): MERJ EXCHANGE LIMITED (“MERJ EXCHANGE”), acting in its capacity as the Seychelles National Numbering Agency (“NNA”) and partner of the Association of National Numbering Agencies (“ANNA”), is the so... ### Issuers > Information for issuers and listing requirements - [MERJ Regulatory News Service](https://merj.exchange/knowledge/merj-regulatory-news-service): 1. Introduction The MERJ Regulatory News Service ("MERJ RNS") is designed to provide a central place for MERJ listed companies ("MERJ Issuers") to publish news, citations in the media and disclosur... - [Principal Securities and MERJ Depository Interests](https://merj.exchange/knowledge/principal-securities-merj-depository-interests): MERJ DEP, the Central Securities Depository (CSD) for the MERJ Exchange group, offers a flexible and robust framework to support global issuers seeking a listing on a MERJ Exchange-operated market.... - [MERJ DEP Foreign Issue Eligibility Requirements](https://merj.exchange/knowledge/merj-dep-eligibility-requirements): I.          Eligibility Requirements MERJ DEP provides services to underwrite the eligibility of equities, corporate and government debt securities (“Se... - [MERJ DEP Rules, Directives and Procedures](https://merj.exchange/knowledge/issuers/merj-dep): Securities Facility Rules Directive on Depository Interests   Securities Facility Fees ### Products > Available products and instruments - [New Listings and Offerings](https://merj.exchange/knowledge/new-listings-and-offerings): Learn about new listings and offerings on MERJ Exchange. Stay informed about IPOs, secondary listings, and new investment opportunities. - [Official List](https://merj.exchange/knowledge/official-list): Complete information about the MERJ Exchange Official List of issuers and securities authorized for trading on our markets. - [MERJ FDIs on International Stocks and ETFs](https://merj.exchange/knowledge/merj-fdi-international-stocks-and-etfs): 1. INTRODUCTION MERJ Foreign Depository Interests (FDI) on International Stocks and ETFs are securities issued by MERJ DEP or another approved issuer that have specified rights relating to underlyi... ### Rules, Directives & Schedules > Exchange rules, directives, and schedules ### Legal and Policies > Legal documents, policies, and compliance - [MERJ Group Privacy Policy](https://merj.exchange/knowledge/merj-group-privacy-policy): Last Updated: 10 December 2024 MERJ Exchange Limited ("MERJ," "we," "us," or "our") is committed to safeguarding your personal data in compliance with the Seychelles Data Protection Act, 2023 and, ... ### Trading and Market Resources > Trading guides, market data, and resources - [MERJ Issuer Information Portal](https://merj.exchange/knowledge/issuer-information): The MERJ Issuer Information Portal is a comprehensive platform designed to provide investors with detailed and up-to-date information about issuers and their securities listed on MERJ Exchange. Thi... - [📱Does MERJ have a mobile app?](https://merj.exchange/knowledge/does-merj-have-a-mobile-app-1): At this time, MERJ does not offer a native mobile application for iOS or Android. However, our Trading Application is fully mobile-friendly and optimised for use on modern smartphones and tablets. ... - [Off-Order Book, On-Exchange Transactions](https://merj.exchange/knowledge/off-order-book-on-exchange-transactions): MERJ is able to facilitate transactions that have been negotiated directly between parties in certain circumstances.  This is a called an off-order book, on-exchange transaction.  Such tr... - [Glossary of Terms](https://merj.exchange/knowledge/glossary-of-terms): This glossary provides definitions for key trading and financial terms commonly used on MERJ Exchange. A - C Ask Price: The lowest price a seller is willing to accept for a security. Bid Price: The... - [Market Hours and Trading Sessions](https://merj.exchange/knowledge/market-hours-and-trading-sessions): MERJ Exchange operates with defined market hours and trading sessions to ensure smooth and efficient trading. Below is a breakdown of trading schedules and session structures. Standard Trading Hour... - [Market News](https://merj.exchange/knowledge/market-news): Stay Informed with MERJ Regulatory News Service Keeping up with the latest financial and trading news is essential for investors and market participants. The MERJ Regulatory News Service ensures yo... - [Order Management Tools](https://merj.exchange/knowledge/order-management-tools): Holdings: View current holdings and what is available to trade or offered. Positions: Shows Open Quantity, Open Price, Current and Open PNL. Order Book: View market depth and track buy/sell orders.... - [Trading Tools](https://merj.exchange/knowledge/trading-tools): Market Data Live Price Feeds: Access real-time price updates for all listed securities. Interactive Charts: Utilize multiple timeframes, technical indicators, and drawing tools. Historical Data: Re... - [Understanding Order Types](https://merj.exchange/knowledge/understanding-order-types): MERJ Exchange offers different order types to help traders execute trades based on their preferred price and timing strategies. Below is an overview of the key order types and how they function. Ma... - [How to Find a Security](https://merj.exchange/knowledge/how-to-find-a-security): Locating a security on MERJ Exchange is quick and efficient using the Watchlist and Search functions. Follow these steps to find the security you’re looking for. Using the Search Bar Log in to the ... - [Trading Application Overview](https://merj.exchange/knowledge/trading-application-overview): Upon logging in, you will see an interface that includes: Available Funds: Displays your account balances. Watchlist & Security Search: Monitor selected securities and search for others. Instru... - [How to Cancel an Order](https://merj.exchange/knowledge/how-to-cancel-an-order): If you need to cancel an order that has not yet been executed on MERJ Exchange, follow these steps to remove your order before it is filled. Access Open Orders Log in to the Trading Application. Na... - [How to Place an Order](https://merj.exchange/knowledge/how-to-place-an-order): Placing an order on MERJ Exchange is a straightforward process that allows you to buy or sell securities efficiently. Follow these steps to execute your trade using the visuals as a guide. Access t... ### Security > Account security and best practices - [Best Practices for Account Security](https://merj.exchange/knowledge/best-practices-for-account-security): Keeping your MERJ account secure is crucial to protecting your investments and personal information. Follow these best practices to enhance your account security. Use a Strong and Unique Password E... - [Password Management](https://merj.exchange/knowledge/password-management): Maintaining a strong password is essential for securing your account. Follow these best practices to manage and update your password securely. Creating a Strong Password When setting or updating yo... - [Recognizing and Preventing Fraud](https://merj.exchange/knowledge/recognizing-and-preventing-fraud): Fraud prevention is key to keeping your MERJ account and investments secure. Learn how to recognize and protect yourself against fraudulent activities. 1. Common Types of Fraud Phishing Attacks: Fr... - [Incident Reporting Procedures](https://merj.exchange/knowledge/incident-reporting-procedures): At MERJ, we take security and compliance seriously. If you suspect fraudulent activity, a security breach, or any suspicious behavior related to your MERJ account, follow the steps below to report ... ### Deposits & Withdrawals > Fund your account and withdraw funds - [Depositing Cash](https://merj.exchange/knowledge/depositing-traditional-channels):  Follow these steps to make a deposit using traditional channels (e.g. bank transfers) Supported Currencies MERJ currently supports deposits in the following currencies: Seychelles Rupee (SCR)... - [Withdrawing Cash](https://merj.exchange/knowledge/withdrawing-cash): Withdrawing funds from your MERJ account via traditional (non-blockchain) payment channels is a simple and secure process. Follow these steps to request a withdrawal. Supported Currencies MERJ allo... ### Support Enquiries > Get help with common questions - [File a Complaint](https://merj.exchange/knowledge/file-a-complaint): Filing a Complaint MERJ is committed to fair and transparent handling of customer complaints in accordance with the Seychelles Financial Services Consumer Protection Act. If you have a complaint re... - [Customer Support](https://merj.exchange/knowledge/customer-support): Need Help? We’re Here for You! MERJ offers multiple ways to get support, whether you need assistance with your account, trading platform, or any other inquiry. Support Options Option 1 (Recommended... ## Contact - Website: https://merj.exchange - Email: investor.relations@merj.exchange - Support: https://merj.exchange/contact