To register as a market participant, you must download, complete and submit this form to our office. This form contains explanatory notes and a checklist to help you complete the form.
Please submit your application to our listed address or digitally to [email protected] and we will respond in 5 working days.
EMC's listed address is as follows:
#03-01 SGX Centre 2
Singapore 068807
Market Participant Registration Form
There is a non-refundable market participant registration application fee for each application to register as a market participant.
The amount of registration fee payable to EMC upon submission of application form for Market Participant registration* is $7,248.50 comprising of:
- EMC registration fee ($5,450.00)
- PSO registration fee ($1,798.50)
*All fees are in Singapore dollars and are inclusive of 9% GST.
Please refer to EMC Budget and Fees and PSO Budget and Fees respectively for the EMC and PSO fees that will be applicable to you as a market participant.
Under the Market Rules Chapter 7 Section 5.16.2, EMC is required to publish the name of the bank or financial institution ("clearing bank") at which EMC maintains its bank accounts. Under the Market Rules Chapter 7 Section 5.16.10, each market participant is required to open and maintain a market participant bank account at the clearing bank.
EMC's clearing bank details are as follows:
Overseas-Chinese Banking Corporation Limited
65 Chulia Street
OCBC Centre
Singapore 049513
To participate as a Market Support Services Licensee, you must download, complete and submit this form to our office. This form contains explanatory notes and a checklist to help you complete the form.
If you hold more than one electricity license and, pursuant to those licenses, intend to perform different functions in the wholesale electricity market, you must submit separate applications for each function.
For further information, please refer to Chapter 2 of the Singapore Electricity Market Rules.