Difference between revisions of "Pakistan Mercantile Exchange Limited"

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Although in mid-2010 almost the entire volume of trading was in gold, in mid-2011 activity diversified as 55 percent of the total trade was gold, while silver and crude oil had a 20 percent and 25 percent share, respectively.<ref>{{cite web|url=http://pakistannewsblog.com/2011/04/07/141282/pakistan-mercantile-exchange-commodity-trading-value-jumps-ten-fold/|org=Pakistan News Blog|date=August 19, 2011}}</ref>
 
Although in mid-2010 almost the entire volume of trading was in gold, in mid-2011 activity diversified as 55 percent of the total trade was gold, while silver and crude oil had a 20 percent and 25 percent share, respectively.<ref>{{cite web|url=http://pakistannewsblog.com/2011/04/07/141282/pakistan-mercantile-exchange-commodity-trading-value-jumps-ten-fold/|org=Pakistan News Blog|date=August 19, 2011}}</ref>
  
Pakistan Mercantile Exchange ranked 45th in global derivative exchange volume in 2017 with 3.1 million contracts traded, a 9.3 percent decrease from the previous year, according to the FIA Annual Volume Report.<ref>{{cite web|url=https://marketvoice.fia.org/issues/2018-03/2017-annual-volume-survey|name=2017 Annual Volume Survey|org=FIA|date=April 3, 2018}}</ref>
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Pakistan Mercantile Exchange ranked 45th in global derivative exchange volume in 2018 with 2.4 million contracts traded, a 21 percent decrease from the previous year, according to the FIA Annual Volume Report.<ref>{{cite web|url=https://marketvoice.fia.org/issues/2018-03/2017-annual-volume-survey|name=2017 Annual Volume Survey|org=FIA|date=April 3, 2018}}</ref><ref>{{cite web|url=https://marketvoice.fia.org/articles/record-year-derivatives|name=2018 Annual Volume Survey|org=Futures Industry.org|date=May 13, 2019}}</ref>
  
 
== History ==
 
== History ==
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|'''Total Annual Volume'''*  
 
|'''Total Annual Volume'''*  
 
|'''Percent Change'''
 
|'''Percent Change'''
 +
|- align="left" style="background:#EEEEEE;"
 +
|2018
 +
|2,490,226
 +
|(-)21%
 
|- align="left" style="background:#EEEEEE;"
 
|- align="left" style="background:#EEEEEE;"
 
|2017
 
|2017

Latest revision as of 11:08, 15 May 2019

RJO-logo.gif
Pakistan Mercantile Exchange Limited
PMEX.jpg
Founded Formed 2002, operational May 2007
Headquarters Karachi, Pakistan
Key People Ejaz Ali Shah, Managing Director; Dr. Salman Shah, Chairman
Products Commodities
LinkedIn Profile
Facebook Page
Website www.pmex.com.pk

Pakistan Mercantile Exchange Limited (PMEX) was the first technology driven, demutualized, online commodity futures exchange in Pakistan. It was previously named Pakistan’s National Commodity Exchange Limited and the National Commodity Exchange Limited.[1] Patsystems provides end-to-end technology for the exchange, including the matching engine and front-end JTrader platform.[2]

Although in mid-2010 almost the entire volume of trading was in gold, in mid-2011 activity diversified as 55 percent of the total trade was gold, while silver and crude oil had a 20 percent and 25 percent share, respectively.[3]

Pakistan Mercantile Exchange ranked 45th in global derivative exchange volume in 2018 with 2.4 million contracts traded, a 21 percent decrease from the previous year, according to the FIA Annual Volume Report.[4][5]

History

Pakistan Mercantile Exchange Limited started its operations in May 2007 as a fully electronic exchange with nation-wide reach. It is a demutualized exchange with 100 percent institutional shareholding. It is licensed and regulated by the Securities and Exchange Commission of Pakistan, the regulator for all financial markets in the country.

Products and Services

The exchange lists and trades contracts in Gold, Silver, Crude Oil, IRRI6 Rice, Palm Olein, Sugar, wheat and KIBOR Interest Rate Futures. [6]

Contract Volume

Year Total Annual Volume* Percent Change
2018 2,490,226 (-)21%
2017 3,156,470 (-)9.3%
2016 3,481,167 (-)10.5%
2015 3,890,968 8.2%
2014 3,572,003 (-)22.5%
2013 4,608,831 --

Key People

References

  1. Press Release. Mondovisione.
  2. Exchange solutions. Patsytems Plc.
  3. {{{name}}}. Pakistan News Blog.
  4. 2017 Annual Volume Survey. FIA.
  5. 2018 Annual Volume Survey. Futures Industry.org.
  6. Press Release. PMEX.