Systems and methods for managing membership in a private data exchange are provided herein. In one embodiment, the method includes generating, by a first member of a data exchange a listing. The listing comprises a reference to shared data within a database controlled by the first member. The method further includes providing a second member of the data exchange with a set of rights with respect to listing. The method further includes limiting, by a processing device, access for the second member to a portion of the shared data that is less than all of the database referenced by the listing based on the set of rights of the second member with respect to the listing.