Market is closed today. PMEX is conducting MOCK trading on new system. All traders can participate.

(Formerly National Commodity Exchange Limited)

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Pakistan Mercantile Exchange (Formerly National Commodity Exchange Limited - NCEL) is the first technology driven, de-mutualized, on-line commodity futures exchange in Pakistan. PMEX ’s shareholders are National Bank of Pakistan, Karachi Stock Exchange, Lahore Stock Exchange, Islamabad Stock Exchange, Pak Kuwait Investment Company (Pvt.) Limited, and Zarai Taraqiati Bank Ltd and it is regulated by Securities and Exchange Commission of Pakistan.

PMEX is committed to provide a world-class commodity futures trading platform for market participants to trade in a wide spectrum of commodity derivatives, driven by best global practices, professionalism and transparency. Initially, PMEX will provide trading facilitates in Gold, Cotton Yarn, Sugar, Rice and Wheat. In the second phasSe, PMEX will also list financial futures contracts.

Access to PMEX trading platform will be available through the internet for up to the client level. It will be the first Exchange in Pakistan to employ modern risk management techniques based on Value-at-Risk with a pre-trade risk check in real time. The Exchange will act as a central counterparty to both buyers and sellers through a novation process and provide clearing & settlement on a T+0 basis using on-line bank transfer mechanism.

© 2011, Pakistan Mercantile Exchange Limited