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Vision & Mission |
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MEX facilitates electronic derivatives trading through robust and tested trading platform, Automated Trading System (ATS).
When an order is placed on the exchange, the server at MEX scans through the orders posted on it from all its trading terminals. It then locates and matches the best counter-offers/bids by maintaining anonymity of the counter-parties. Anonymity helps is eliminating formation of cartels and other unfair practices, thereby protecting the efficiency of price-discovery at the Exchange. MEX is the first commodity exchange to provide trading facility through internet.
MEX follows best international risk management practices. The contracts are marked to market on daily basis. The system of upfront margining based on Value at Risk is followed to ensure financial security of the market. In the event of high volatility in the prices, special intra-day clearing and settlement is held. MEX has also set up a Trade Guarantee Fund. Well-capitalized in-house clearinghouse assumes central counter-party risk of settlement. MEX is the first to initiate process of dematerialization and electronic transfer of warehoused commodity stocks. The unique strength of MEX is its settlement mechanism, an imperative in the commodity trading business. Deliveries are executed through a sound and reliable warehouse receipt System, leading to guaranteed clearing and settlement.
MEX is offering world class services of on-line Trading of commodities and efficient Clearing and guaranteed settlement, while complying with statutory requirements. Our trading, clearing and settlement mechanism can be compared with world renowned derivative exchanges. We believe to take a new leap to ensure continual improvement and sophistication of customer services and remain quality leader amongst all commodity exchanges.
The MEX Center for Innovation creates and sponsors thought-provoking originality that identifies showcases and fosters benchmarks of significant innovation and creative thinking. Innovation centers helps by providing risk mitigating thought to multiple industries. Each of the programs aims to explore and communicate the principles behind innovation.
By looking at innovation in a variety of industries and in the private and public sectors, the Center's programs help advance the application of innovation by providing a broad, multi-industry analysis of the concept. The Center is interested in evaluation not only the principles behind innovation, but in taking a strong, hard look at innovation in action.
- To establish fair price discovery mechanism.
- To stand for market integrity and price transparency.
- To help EX-IM, Processor and Grower by providing risk minimization system.
- To establish global standard in exchange trading.
- To establish an efficient Clearing and a guaranteed settlement system.
- Development and implementation of hedging needs.
- 100 % Observance of anti money laundering laws.
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