The ASX offers three membership classes. ASX members have to fit into at least one of the classes. However, participating companies can become a member of more than one class. The three classes are as follows:
Trading – These members are trading participants and provide execution services for their organization and clients. This also includes principal traders who make transactions only for their account and not for clients.
Clearing – These members can clear trades in the futures, cash, and derivative markets.
Settlement – These participants can settle trades for clients.