There are three categories of Exchange membership that determine the type of business which members may conduct at ICE Endex, as well as a Clearing Participant category. In addition to the Membership categories, a member's status as a clearer will also impact the type of business they may conduct.

General Participant
General Participants* may trade their own** business and clients' business. They may also do give ups. If the General Participant is a clearing member as well, they may clear their own business, clients' business or clear for any other member of the exchange who is not a member of the clearing house.

Trade Participant
Trade Participants* may trade their own** business, but may not trade on behalf of clients or do give ups. Likewise, if a Trade Participant is a clearer, he may only clear his own business.

Spot Participant
Spot Participants may trade their own business, but may not trade on behalf of clients.

*General Participant and Trade Participant categories of membership must either be clearing members or, as non-clearing members, must enter into a clearing agreement with a General Participant who is a clearing member. An Individual Participant cannot be a clearing member and, as a non-clearing member, must enter into a clearing agreement with a General Participant who is a clearing member.

**It is understood that "Own" business is business transacted solely for the benefit of that Member, a wholly owned subsidiary of that Member, the parent company of that Member, or a company in that Member's group of companies. Such business undertaken by a Member on behalf of another group company must not in turn be business undertaken on behalf of a third party.