Milestones : Commodity Nepal, Stock Exchange, Commodity Futures : MEX Nepal

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Milestones

All trade participants of the Exchange like clients, Clearing Members and Non Clearing Members are required to follow KYC norms and adhere to anti money laundering laws. We educated our clients and participant clearing and Non Clearing Members to trade or to facilitate trade only through negotiable instruments submit their details based on global practice of KYC and obliged to follow the anti money laundering procedure in each and every steps of dealing with MEX

At MEX all the clients and the member's funds are held separately in Segregated Accounts in the name of Non-Clearing Members and Clients with the designated public banks.

Neither the Members nor the Exchange are permitted to mix the client funds with their operating accounts. Segregated accounts are the subject to trading activities only. These accounts are not for operational purposes. During MTM settlement, all sub-ledgers are subject to debiting / crediting on result of customer's transactions. In short, account status of segregated account is the replica of the TWS (Trader Work Station). Further, the Fund segregation is the key factor which segregates the trading fund of client to client level, member to client level and member to member level. Maximum transparency is implemented in the system by MEX, which can also be observed by all participants through their online banking consoles.

Date	Milestones
19^th Dec 2011	MEX introduced Mini Cotton to provide various options for trading to the Clients.
11^th Nov 2011	MEX Nepal, the first exchange to launch Online Client Registration, making it easier for the client residing anywhere to register with MEX for trading.
3^rd Oct 2011	MEX introduced Small Silver Contract to provide various options for trading to the Clients.
12^th Sep 2011	MEX introduced Mini Natural Gas to provide various options for trading to the Clients.
1^st Sep 2011	MEX signed an MOU and agreement with Chicago Mercantile Exchange (CME) Group for International Information Sharing, becoming the first Nepalese futures exchange to do so.
14^th Aug 2011	MEX organized a training program on Anti Money Laundering Directives by Financial Information Unit (FIU), Nepal Rastra Bank for its employees, management and market makers.
10^th Aug 2011	MEX Nepal, the very first exchange to launch Clients Hand Book to assist the end user.
29^th July 2011	Activities: Provided training related to commodity market to various Chaanakya Magazine Representatives
16^th May 2011	MEX introduced Brent Crude Oil to provide various options for trading to the Clients.
11^th April 2011	Acquired the affiliated membership of Association of Future Markets (AFM)
22^nd Feb 2011	MEX adds 2 more new commodities, Platinum and Palladium, along with 1 small contract of Gold thus providing various options for its Clients to diversify their trades.
19^th Feb 2011	MEX Nepal Ltd have brought the latest trading IT infrastructure management services to Kathmandu by setting up a Core Data center in Nepal to support its growing business needs and also to ensure zero downtime by providing instant backup.
15^th Feb 2011	MEX introduced Trade Verification facility for its registered client to verify if their trades are registered in the exchange order book. MEX is the only exchange in Nepal to introduce this facility and only second to introduce in Asia.
5^th Jan 2011	MEX celebrated its second anniversary with annual awards ceremony to honour its outstanding members for the year 2010.
20^th Dec 2010	Acquired the affiliated membership of South Asian Federation of Exchanges(SAFE)
30^th Sep 2010	Activities: MEX announces Bank of Kathmandu as its clearing bank.
18^th July 2010	MEX made its presence in social networking with the launch of its Facebook (www.facebook.com/mexhome) and Twitter (twitter.com/mexnepal) pages.
3^rd July 2010	MEX started its own market commentary section on the website on news relating to the commodity market.
29^th June 2010	Activities: Mr. Kao Thach, Deputy Dir Gen (with equal rank to under sec of state) SEC, Cambodia and Mr. Chan Narith, Director SEC, Cambodia visits MEX Nepal to learn about the exchange functioning.
22^nd June 2010	Activities: Honorable Deputy Minister Mr. M.L.A.M Hizbullah, for Child Development & Women's affairs, Sri Lanka, visited MEX to learn the working milieu of a successful commodity exchange like MEX
18^th June 2010	Activities: Mr.Aftab Ahmed Ch, Sec General of South Asian Federation of Exchanges(SAFE) visited MEX in connection with the MEX membership application to SAFE, Islamabad, Pakistan.
2^nd-7^th June 2010	Activities: Provided training related to commodity market to various Media agencies of Nepal.
17^th May 2010	MEX introduce 3 new commodities along with 2 mini contracts to provide new flavor and flexibility to the Client. The newly introduced commodities were sugar, cocoa and corn whereas two new mini contracts were Mini –Silver and Mini-Copper.
30^th April 2010	MEX started offline support to its Client. By doing this MEX become the first exchange in Nepal to provide such services. This facility will enable clients to get assistant during emergencies such as internet down, electricity down.
11^th Feb 2010	MEX started its own blog on different topics related to the commodities market for market awareness.
5^th Jan 2010	MEX celebrated its first anniversary and awarded the NCMs for their best performance in the field of compliance, Business development, Service and also as an Emerging NCM
25^th - 27^th Dec 2009	MEX participated in Capital Expo for educating the general people about the Commodity Market
1^st Dec 2009	Acquired the membership of Federation of Nepalese Chambers of Commerce & Industry (FNCCI)
28^th Nov 2009	Acquired the certification of International Organization for Standardization (ISO 9001:2008) from United Registrar of Systems Limited (URS), UK
27^th Nov 2009	Acquired the membership of Nepal Chamber of Commerce (NCC)
24^th Nov 2009	MEX launched its first e- newsletter to educate the market on a weekly basis about the latest happenings in the world of commodities.
5^th June 2009	Acquired the membership of Management Association of Nepal (MAN)
5^th Jan 2009	MEX starts Live trading and kick starts its Operations offering 11 commodities for trading.
16^th Oct 2008	MEX pens agreement with laxmi bank , thereby launching the very first concept of segregate account in the country.
Sep, 2007	MEX pens MOU with Kappsoft Nepal pvt ltd , as its designated Software vendor.
14^th Aug 2007	MEX got registered under the Company Act 2063 and acquired the Operating License too.