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Chairperson PSX Visits PMEX

Karachi: Dr. Shamshad Akhter, Chairperson Pakistan Stock Exchange, visited Pakistan Mercantile Exchange (PMEX). Mr. Ejaz Ali Shah, Managing Director PMEX, welcomed the guest and thanked her for sparing time and showing keen interest in the affairs and mission of the Exchange. Mr. Shah apprised Dr. Shamshad Akther about the role being played by PMEX in…

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PMEX to Revolutionize Trading of Agricultural Commodities

PMEX to Revolutionize Trading of Agricultural Commodities Agriculture plays a central role in the economy of Pakistan. Over the years, this sector has been instrumental in achieving food security, boosting exports and earning foreign exchange for the country. It provides raw material to two of the large scale manufacturing industries i.e. textiles and sugar. In…

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PMEX Envisions an Ecosystem for Domestic Commodity Trading

Pakistan Mercantile Exchange Limited (PMEX) commenced its operations in 2007 with the objective to offer facilities for the trading of locally produced agricultural commodities as well as commodities that are actively traded at leading international commodity exchanges. Over the last 11 years, PMEX has emerged as a strong & robust national institution of the country…

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PMEX Signs with Cloudasset to Digitize Payments

Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed an agreement with Cloudasset on December 16, 2019. Under this agreement, Cloudasset will provide a unified digital transaction service platform to PMEX. This platform will be based on cloud native technologies that will seamlessly integrate all forms of financial systems, methods and tools…

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PMEX Signs with HashMove to Digitalise Trade & Logistics

Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed an agreement with HashMove on December 12, 2019. Under this agreement, HashMove will provide a digital multimodal logistics platform for PMEX, connecting buyers and sellers of commodities virtually anywhere around the globe. At present, the Exchange is actively working towards developing Pakistan’s first…

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PMEX Posts Highest Ever Profit for FY19

Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has posted the highest-ever profit after tax for the financial year ended June 30, 2019 (FY19), since commencement of its operations in 2007.   The Exchange has earned profit after tax of PKR 52.347 million for the FY19. The operating income of the Exchange…

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PMEX Creates History – Registers PKR 105 billion Daily Trading Volume

Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, recorded the highest ever daily trading volume of PKR 105.619 billion on August 07, 2019, since commencement of its operations in 2007. Commenting on the record daily trading volume, Mr. Ejaz Ali Shah, Managing Director, PMEX, said, “We are delighted to witness a significant…

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Pakistan Mercantile Exchange (PMEX) signs with HashMove® to revolutionize the commodity exchange industry

Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed a Memorandum of Understanding (MoU) with HashMove® on April 12, 2019, the smart multimodal logistics marketplace, for cooperation in developing a digital multimodal logistics platform connecting buyers and sellers of commodity futures virtually anywhere around the globe. At present, the Exchange is actively…

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PMEX Continues on its Growth Path in First Half of FY19

PMEX Continues on its Growth Path in First Half of FY19   Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, reported record financial performance for the first half of FY19 since commencement of operations in 2007. The Exchange earned profit after tax of PKR 38.817 million for the first half of FY19…

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PMEX Lists New Cash Settled Futures Contracts

PMEX Lists New Cash Settled Futures Contracts   Pakistan Mercantile Exchange (PMEX), the country’s only commodity futures exchange, listed cash settled futures contracts of corn, wheat, soybean, palladium and Japan equity index $1 & $5 and made them available for trading from November 20, 2018. These six futures contracts are based on universally traded benchmarks…

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