SAFE comprises of three categories of Members namely the Primary, Associate and Affiliate/Observer Members. The “Primary” Members of the Federation are supposed to be recognized, regulated & supervised stock exchanges, derivative & commodity exchanges operating in the South Asian region. The “Associate” class of Members comprises of any other entity / organization / association operating in / outside the Region, in the service of the capital market whose main objective is the provision of regulatory, technical and expert services of specialized nature to the capital markets. The “Affiliate/Observer” class of Members is granted regardless of the geographical location to securities regulators, exchanges, capital market intermediaries, corporate bodies, professional entities/associations/groups with a focus to the investment/financial services industry.