About membership
ICMA members are geographically widespread, they also vary considerably in size and type of activities. They range from the largest global investment banks with a presence in numerous countries, to small regional banks primarily servicing retail bond investors and also include asset managers, central banks, trade bodies and market infrastructure providers. Professional advisers such as law firms and management consultancies are also eligible for membership.

Click here to see a list of ICMA member firms and their appointed principal delegates.  

Eligibility for membership

Full membership:

ICMA's full members are entities which actively deal in securities in the international capital market. The following types of entity qualify as full members of the Association:

(a) banks
(b) members of recognised stock exchanges
(c) licensed dealers in securities
(d) members of recognised security dealers associations
(e) asset and fund managers
(f) insurance companies
(g) affiliates to a bank
(h) affiliates to a member of a recognised stock exchange
(i) recognised trading venues (such as recognised stock exchanges and multilateral trading facilities)
(j) recognised central counterparties, clearing and/or settlement systems

Associate m

Organisations which do not qualify as full members but which have an important role in the international capital market and maintain close relations with ICMA may become associate members of the Association.

Organisations qualifying for associate membership include central banks, bodies that have a public function in any country or in any international or supranational organisation and professional advisers such as legal advisors.

ICMA conducts an annual audit for its full members to ensure that they continue to meet the requirements of full membership of the association. Associate members are not included in this annual audit.

AGM 2020

ICMA Executive Education