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About Us » Milestones

Date Milestones
11th May 2017 Mr. Jitesh Surendran, CEO of MEX Nepal, elected as the Vice Chairman of South Asian Federation of Exchanges [SAFE] for the term 2017-19.
8-11 March 2017 CEO of MEX Nepal, Mr. Jitesh Surendran was invited to the 20th Association of Futures Markets Anniversary Conference at Buenos Aires, Argentina. He also shared his views on 2 panel discussions on the topic “Current Status of the Soft Commodity Market” in MATba, Buenos Aires and “What the Future Holds for the Industry?” in ROFEX, Rosario.
14th March 2017 Acquired the certification of International Organization for Standardization (ISO 9001:2015) from United Registrar of Systems Limited (URS), UK, recognizing the Quality Management System.
27th February 2017 CEO of MEX Nepal, Mr. Jitesh Surendran participated in the South Asian Federation of Exchanges (SAFE) Workshop & Panel Discussion and also the SAFE Executive Committee Board Meeting at Colombo, Sri Lanka.
23rd January 2017 MEX Nepal launched a completely new derivative instrument for live trading – OPTION, first of its kind in Nepalese Derivative Market.
30th October 2016 CEO of MEX Nepal, Mr. Jitesh Surendran, was invited and actively participated in The 3rd China International Logistics Development Conference & The 4th China (Sichuan) International Logistics Fair from 30th October 2016 to 1st November 2016 in Suining city, Sichuan Province, China.
16th August 2016 MEX Nepal pens MOU with Mid Valley International College (MVIC) to Cooperate and Collaborate in the field of Finance Education in Nepal.
1st August 2016 MEX Nepal commenced MEX Commodities Professional Training (MCPT), a first-of-its-kind commodity training in Nepal, which includes detailed understanding of the commodity market along with the various disciplines.
25th July 2016 MEX Nepal pens MOU on training and information sharing with Mercantile Exchange of Madagascar.
10th July 2016 MEX Nepal successfully completed MEX Trading Challenge- 2016.
27th June 2016 MEX Nepal launched the first agro Delivery Contract of Egg i.e.“EGGL” and “EGGM” in association with New Bhairab Poultry Firm, Nawalparasi.
12th May 2016 CEO of MEX Nepal, Mr. Jitesh Surendran, participated as a panelist and SAFE Executive Board Member in the SAFE Ideas Workshop 2016 which was hosted by BSE India Ltd., for SAFE Vision 2025.
6th May 2016 MEX Nepal launched its App for Android Devices.
18-19 April 2016 CEO of MEX Nepal, Mr. Jitesh Surendran, was invited as one of the panelist to the Round Table Discussion in the 19th AFM Annual Conference held in Istanbul, Turkey.
6th April 2016 MEX signs an “International Information Sharing, Training & Co-operation Memorandum of Understanding & Agreement” with Royal Securities Exchange of Bhutan (RSEBL).
3rd April 2016 MEX organized a workshop titled Mechanics of Derivatives Commodity Market to furnish knowledge on the market mechanism currently practiced in the exchange to the finance lecturers and the journalists.
29th February 2016 MEX Nepal signed an agreement with eSewa as one of its designated payment gateway for transfer of funds.
24th February 2016 Trading Volume of MEX Nepal surpassed the 2 million mark.
2nd February 2016 MEX Nepal pens MOU on training and information sharing with Afghanistan Global Commodity Exchange Ltd.
17th November 2015 MEX Nepal organized the inaugural edition of the MEX Algorithmic Traders Challenge 2016 with 50 registered participants.
2nd October 2015 MEX Nepal acquires membership of National Business Initiative (NBI)-Nepal!
19th September 2015 MEX Nepal organized the inaugural edition of the MEX Financial Quiz Quest 2015 (MFQQ 2015) in the premises of Apex College with 9 participating colleges.
31st August 2015 MEX Nepal launched the first Delivery Contract of GOLD “Delivery Gold 10 Gram - DGOLD10GM” as a premium product in association with Gahana Griha.
8th June 2015 MEX Nepal announced the launch of New and Advanced version of AX1 Trader in “Live” platform.
8th may 2015 Mr. Jitesh Surendran, CEO of MEX Nepal, elected as the Member of the Executive Board of South Asian Federation of Exchanges [SAFE] for the term 2015-17.
23rd February 2015 With high market demand for Mobile Trading, MEX Nepal launched the AX1 MEX Trader Live Platform in ANDROID
2nd February 2015 MEX launched another physical deliverable product i.e. “Delivery Silver -DSILVER100GM"; catering to the needs of the retail investors.
11th January 2015 MEX celebrated its sixth anniversary with annual awards distribution ceremony to honor its outstanding brokers for the year 2014.
28th December 2014 In its constant endeavor of supporting the go green policy, MEX Nepal proudly supported the Hamri Bahini initiative of plastic bag free office.
20th December 2014 MEX conducted SPACE (Strategic Participation in Commodities Education) program for all the Finance / Derivative Professors & Lecturers.
16th October 2014 MEX launched Mini Contracts for- Cocoa, Coffee, Sugar, Brent Crude, Corn, Soybean, Soybean Oil and Wheat.
4th August 2014 MEX rolled out a new publication series named “Trade Off”, for its valued customers; a semi-annual publication with in-depth information for particular commodities along with other important aspects of information related to the commodity market.
1st August 2014 In its constant endeavor of empowering the investors with the knowledge of the commodity markets, MEX has initiated a free training to all the interested participants. The training, conducted on a weekly basis, furnishes information on the various aspects of the commodity market including the basics, fundamental analysis, technical analysis and trading terminal.
2 - 4th July 2014 MEX Nepal participated in the training program on Agricultural Management Information Services at Butwal, Nepal in the presence of District Chamber of Commerce and Industries (DCCI) officials from 6 districts (Rolpa. Rukum, Salyan, Pyuthan, Arghakhanchi and Gulmi).
1st July 2014 MEX launched another physical deliverable product i.e. "Delivery Silver - DSILVER1KG"; looking ahead to the next step of Nepalese commodity market.
5th June 2014 MEX launched its first physical deliverable product i.e. "Delivery Silver - DSILVER20KG"; a major milestone towards the up-gradation and enhancement of Nepalese commodity eco-system.
5th June 2014 MEX announces Century commercial Bank Limited as its fourth banking partner.
May 2014 MEX initiated an educative program - SPACE (Strategic Participation in Commodities Education) with the main objective of armoring the students of tomorrow with the knowledge of the commodity market.
7 - 10 April 2014 An entourage from Bhutan, comprising a panel of 4, visited Mercantile Exchange Nepal Limited to comprehend the workings of a commodity exchange.
28th March 2014 MEX proudly launched the AX1 MEX Trader in MAC- another breakthrough in providing the terminal at your fingertips.
26th February 2014 MEX introduced MCDB [MEX Certified Derivative Basics] in joint initiation with Pioneer Professional Academy to develop the understanding and expertise of the market participants keeping in mind the exponential growth of the Nepali commodity market in the preceding years.
6th January 2014 MEX Introduced & Launched - "Market Maker". A market maker can quote bid and offer prices simultaneously within the parameters of the exchange.
27th September 2013 Delegates from Royal Securities Exchange of Bhutan Ltd. along with the Governor of the Royal Monetary Authority of Bhutan, visited MEX to comprehend the workings of a commodity exchange.
26th September 2013 MEX announces Nepal Investment Bank Limited as its third banking partner.
23rd September 2013 MEX introduces Micro Contracts for Gold & Silver to provide various options for trading to the clients.
27th August 2013 MEX was nominated amongst the top 5 for the FNCCI Award for National Excellence, i.e. the apex award, and the FNCCI Award for Services Excellence, in the medium category in the FNCCI National Excellence Awards-2070.
16th September 2013 MEX launched the AX1 MEX Trader - live version for iPhone/iPad. Now clients shall be able to trade and control their trading activities with easiest access through their iPhones & iPads.
1st July 2013 MEX migrated to new core online business solutions and started its operations with a new online trading platform.
26th August 2012 MEX Nepal signed MOU with Investment Management Services (IMS) Pvt. Ltd. to promote the services through IMS's Financial Web portal (www.commoditysansar.com)
26th July 2012 MEX Nepal signed MOU with Mercantile Belize on International Information Sharing.
23rd July 2012 MEX Nepal became a part of Dun & Bradstreet Global Database.
6th July 2012 MEX Nepal launched 'Exchange Solutions Console'
19th Dec 2011 MEX introduced Mini Cotton to provide various options for trading to the Clients.
11th 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.
3rd Oct 2011 MEX introduced Small Silver Contract to provide various options for trading to the Clients.
12th Sep 2011 MEX introduced Mini Natural Gas to provide various options for trading to the Clients.
1st 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.
14th 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.
10th Aug 2011 MEX Nepal, the very first exchange to launch Clients Hand Book to assist the end user.
29th July 2011 Activities: Provided training related to commodity market to various Chaanakya Magazine Representatives
16th May 2011 MEX introduced Brent Crude Oil to provide various options for trading to the Clients.
11th April 2011 Acquired the affiliated membership of Association of Future Markets (AFM)
22nd 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.
19th 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.
15th 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.
5th Jan 2011 MEX celebrated its second anniversary with annual awards ceremony to honour its outstanding members for the year 2010.
20th Dec 2010 Acquired the affiliated membership of South Asian Federation of Exchanges (SAFE)
30th Sep 2010 Activities: MEX announces Bank of Kathmandu as its clearing bank.
18th 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.
3rd July 2010 MEX started its own market commentary section on the website on news relating to the commodity market.
29th 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.
22nd 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
18th 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.
2nd-7th June 2010 Activities: Provided training related to commodity market to various Media agencies of Nepal.
17th 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.
30th April 2010 MEX started offline support to its Client. By doing this, MEX becomes the first exchange in Nepal to provide such services. This facility will enable the clients to get assistance during emergencies such as internet down, electricity down.
11th Feb 2010 MEX started its own blog on different topics related to the commodities market for market awareness.
5th 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
25th - 27th Dec 2009 MEX participated in Capital Expo for educating the general people about the Commodity Market
1st Dec 2009 Acquired the membership of Federation of Nepalese Chambers of Commerce & Industry (FNCCI)
28th Nov 2009 Acquired the certification of International Organization for Standardization (ISO 9001:2008) from United Registrar of Systems Limited (URS), UK
27th Nov 2009 Acquired the membership of Nepal Chamber of Commerce (NCC)
24th 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.
5th June 2009 Acquired the membership of Management Association of Nepal (MAN)
5th Jan 2009 MEX starts Live trading and kick starts its Operations offering 11 commodities for trading.
16th 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.
14th Aug 2007 MEX got registered under the Company Act, 2063 and acquired the Operating License too.