QUALIFIED SUPPLIERS (QS)

Entities eligible to introduce bullion into IIBX ecosystem through BDR creation and supply.

Supplier Categories

LBMA Approved Suppliers
    •   Eligible refinery: LBMA approved
    •   Eligible contracts: Non-TRQ only

UAEGD Approved Suppliers
    •   Eligible refinery: UAE Good Delivery approved
    •   Eligible contracts: Non TRQ and TRQ (having the Country of Origin certificate issued by the concerned authorities in UAE.)

Participation Models

i. Client of Bullion Trading Member (BTM)

Participates through a registered Bullion Trading Member.

ii. Qualified Supplier – Special Category Client (QS–SCC)

Receives direct trading access to IIBX and clears transactions through a Bullion Clearing Member.

Additional Eligibility Requirement for Special Category Client (QS–SCC)

Requirement	Eligibility
Base Qualification	Must qualify as Qualified Supplier
Legal Form	Company or LLP
Trading	Proprietary only
Clearing	Mandatory association with Bullion Clearing Member
Client Onboarding	Not permitted

Trading Rights for Qualified Suppliers (QS)

Buy → √
Sell → √