BA-404 · Lesson 6 of 9

Becoming an Exchange Member, Step by Step

Learn who can become a BIMx member, which documents to submit, and what must be ready before the broker can actually trade.

10 min read Professional Becoming a BIMx Member
Track contents BIMx Trading Infrastructure
0/9 lessons0%
 Back to the track
BA-401 · The ARENA Trading PlatformARENA Trading and the BIMx Operating ModelThe BIMx Trading Session, State by State
BA-402 · Exchange Trader CertificationWho Can Become an Exchange TraderThe Certification Exam and Access Credentials
BA-403 · Trading SimulationsSimulations: The Dress Rehearsal Before the First Session
BA-404 · Becoming a BIMx MemberBecoming an Exchange Member, Step by StepClearing and Settlement Through the Single Central Securities Depository
BA-405 · The Broker's Role in Issuer AdmissionInitiating Participant and Intermediary ParticipantPreparing BVM Issuers and Municipal Bond Issues

Who can become a member

The broker admission process at BIMx began on 28 September 2026 and is the final stage before trading launches. The list of licensed investment firms is published by the CNPF, and the list of BIMx members is updated on bimx.md as firms are admitted.

Stages of admission

  1. Membership ApplicationThe standard form from the Download Centre on bimx.md, completed and signed by the legal representative.
  2. Participation AgreementThe standard agreement that sets out the member's rights and obligations toward the exchange.
  3. Connecting to ARENA TradingSetting up access and workstations, and attending the training organized by BIMx.
  4. Certifying exchange tradersDesignating and certifying the people who will enter orders (course BA-402).
  5. Trading simulationsPracticing the workflows in the test environment before the first live session (course BA-403).

Membership admission fees and annual ARENA platform access fees are set out in the BIMx Schedule of Fees and Commissions.

Checklist before the first session

ItemCheck question
Member statusDo we have the Admission Decision and a signed Participation Agreement?
Exchange tradersDo we have at least one certified trader with an active ARENA user ID, plus a backup?
TechnicalHave the workstations and connection been tested in simulations?
SettlementAre the workflows with the Single Central Securities Depository and the settlement accounts clear?
ClientsDo client agreements and fees cover trading on BIMx?

Where to find the documents

  • Standard forms and agreements: the Download Centre on bimx.md.
  • BIMx Rules for the Regulated Market and the MTF: the “Regulations and Legal Acts” page.
  • Certification procedure: the “Broker Certification” page.
  • Information about the admission process: office@bimx.md.

Key takeaways

  • Trading on BIMx takes place only through members: investment firms licensed by the CNPF and admitted by the exchange.
  • Broker admission began on 28 September 2026 as the final stage before trading launches.
  • The steps: Membership Application, Participation Agreement, connecting to ARENA, certifying exchange traders, simulations.
  • Admission fees and ARENA access fees are in the BIMx Schedule of Fees and Commissions.
  • Working on admission and certification in parallel shortens the timeline to the first session.

Check your knowledge

Answer all the questions. If you answer all of them correctly, the lesson is marked as completed automatically.

Question 1 of 3Who can become a BIMx member?

Explanation: Exchange members are investment firms licensed by the CNPF and admitted by BIMx.

Question 2 of 3Where does a broker find the Membership Application form?

Explanation: Standard forms and agreements, including the Membership Application, are in the Download Centre on bimx.md.

Question 3 of 3What is the most efficient way to prepare for admission?

Explanation: Certification takes time, so designating exchange traders in parallel with the Membership Application shortens the timeline.

Finished the lesson?Mark it as completed to track your progress.

Educational material only. It does not constitute investment, legal or tax advice. Numerical examples are hypothetical.