Welcome to the Largest Online Commodity Exchange in Nepal
MEX, during the formation of the company and in practical aspect of market addresses the various integral aspects of commodity economy, viz., warehousing, cooperatives, private and public sector marketing of agricultural commodities, research and training.
MEX is the only Exchange in Nepal to have such support from the commodity relevant institutions. These institutions are represented on the various committees set up by the Exchange to ensure good corporate governance.
Some of them have also lent their personnel to provide technical support to the Exchange management. The day-to-day operations of the Exchange are managed by the experienced and qualified professionals with impeccable integrity and expertise. None of them have any trading interest. The structure of MEX is impossible to replicate in Nepal...
The Futures Market is primarily intended for Hedging and Speculation. Contracts in Futures Market results mostly in Cash Settlement and do not frequently result in delivery. The Clearing House arranges guarantee of trades executed on the exchange. Contracts that must be closed out during settlement date. Delivery contracts will be delivered and settled through the certified receipts. MEX is having different delivery months in Products and as separate contracts for each commodity being traded at MEX. All contracts are settled on daily basis at the daily settlement price till the final settlement of commodity on the expiry date.
MEX aims to connect with various market participants through a simplified membership process with affordable, yet standard fee structure. This aims to encourage broader engagement and participation from the prospective members in commodities derivative trading.
The membership of the exchange shall be open to all market participants and depending on their specific needs, we offer various categories of membership viz.
One of the methods of settling the contracts is by taking or making delivery. Delivery period at MEX is last 5 days of the contract expiry month. After schedule for expiry of contract members can either square up their position or give delivery to settle their outstanding contracts. Detail delivery provision and its manual shall be prepared by Clearing Member, and shall be forwarded to MEX for final approval. Delivery related arrangements shall be based upon clearing member. Various steps required to be followed by the participants having outstanding position on last 5 days of contract expiry month are as follows.