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...
MEX operates at commodity futures markets and commodity CFDs. Contracts in Futures Markets and commodity CFDs results mostly in Cash Settlement and do not's frequently result in delivery.
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.
MEX has two types of exchange members. The Clearing Member (CM) is the one who clears all his/her trades with the Exchange. The Non-Clearing Member acts like an intermediary between the CM and Clients.
The CM also a right to clear the transactions in contracts executed in MEX either on its own behalf or on behalf of other NCMs. CMs will be responsible to MEX for all the obligations (margins, settlement obligations etc) of NCMs.
The 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.
There is a need to move agriculture to a market system of economy. This requires agriculture to be organized just like the industrial and service sectors of Nepalese economy. In addition, flow of corporate and institutional investment in the sector at present is negligible.
The need to facilitate the flow of easy credit to the farmers as a priority...