Pre-Licensing Status: BidhaaPro is applying for a derivatives broker licence from the Capital Markets Authority and intends to seek admission by the Commodity Market Exchange. BidhaaPro has not commenced regulated derivatives brokerage activities.

How It Works

Understand the proposed client journey and how BidhaaPro intends to work with market participants.

Proposed Client Journey

The intended process from initial discussion to settlement or delivery.

1

Initial Discussion

We seek to understand the prospective client's business, market exposure and intended purpose. No trading account is created at this stage.

2

Market Education

The prospective client receives information on relevant products, risks, margin, settlement and delivery obligations.

3

Onboarding & Verification

The client completes identification, classification, documentation, risk-disclosure and account-approval requirements.

4

Account Readiness

Applicable client agreements, approved payment arrangements and pre-trading requirements are completed.

5

Client Instruction

The client submits an authorised order in the prescribed form.

6

Pre-Trade Checks

BidhaaPro verifies the instruction, available margin and applicable position or exposure controls.

7

Execution

The valid instruction is submitted to the approved exchange trading system. Execution remains subject to price, liquidity, market conditions and exchange rules.

8

Confirmation & Monitoring

The client receives appropriate confirmation and information on the resulting position, margin and settlement movements.

9

Close, Roll or Proceed to Expiry

Before expiry, the client provides instructions to close, roll or retain the position, subject to applicable rules and contract terms.

10

Settlement or Delivery

Where relevant, BidhaaPro supports communication and client readiness for the prescribed settlement or physical-delivery process.

Process illustration

Each step is subject to regulatory requirements, client classification and operational readiness.

Who Performs What?

Understanding the distinct responsibilities of each market participant.

CMX
Provides the organised market, approved contracts, trading infrastructure, rules, surveillance and market standards.
Clearing & Settlement Participants
Perform authorised clearing, margin, settlement and default-management functions.
Delivery Participants
Perform functions such as quality verification, storage, warehouse-receipt issuance, transport and commodity handling.
BidhaaPro
Provides education, onboarding, brokerage execution, reporting, position support, settlement communication and delivery-readiness support.
The Client
Provides accurate information, funds margin, gives instructions, monitors exposure and meets settlement and delivery obligations.

Ready to explore the journey?

Register your interest to learn more about BidhaaPro's proposed client process.

Register Your Interest