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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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PMEX Records Highest Ever Monthly Trading Volume in October 2018

PMEX Records Highest Ever Monthly Trading Volume in October 2018 Karachi: Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, recorded the highest trading volume in the month of October 2018, since commencement of operations in 2007. The Exchange registered trading volume of PKR 306 billion for the month of October 2018 as…

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PMEX Posts Highest Ever Profit for the FY17-18

PMEX Posts Highest Ever Profit for the FY17-18 Karachi: Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has posted the highest profit after tax in FY17-18, since commencement of operations in 2007. The Exchange earned profit after tax of PKR 41 million for the FY17-18. The operating income of the Exchange grew…

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PMEX Signs MoU with BUCE

PMEX Signs MoU with BUCE Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed Memorandum of Understanding (MoU) with Belarusian Universal Commodity Exchange (BUCE). The signing ceremony was hosted by BUCE in Minsk on May 11, 2018 and Mr. Ejaz Ali Shah, Managing Director, PMEX, and Mr. Arkady Salikov, Chairman of BUCE, were the signatories.…

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PMEX Signs MOU with Dalian Comodity Exchange

March 02, 2018 – Karachi: Pakistan Mercantile Exchange (PMEX), Pakistan’s first and only multi-commodity futures exchange, signed Memorandum of Understanding (MoU) with Dalian Commodity Exchange (DCE), China at the PMEX Head Office in Karachi. A seven member delegation of DCE led by their Chairman visited PMEX for the signing ceremony. The objective of MOU is…

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PMEX Offers MetaTrader 5

February 26, 2018 – Karachi: The Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, has provided MetaTrader 5 to all its market participants. Now all PMEX members will be able to benefit from advanced features of MetaTrader 5 and offer efficient trading and investment facilities to their clients. The cutting-edge functionality of…

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PMEX Facilitates First Electronic Murabaha Transaction for Bank Alfalah

PMEX Facilitates First Electronic Murabaha Transaction for Bank Alfalah  February 20, 2018 – Karachi: Pakistan Mercantile Exchange Limited (PMEX), country’s only multi-commodity futures exchange, facilitated the electronic Murabaha transaction between Bank Alfalah and Meezan Bank on PMEX Shariah Compliant Trading platform (SCTP). Mr. G. M. Abbasi, Director, Islamic Banking, State Bank of Pakistan, Mr. Nauman…

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PMEX Facilitates First Electronic Murabaha Transaction for Modaraba

  Feb 13, 2018 – Karachi: Pakistan Mercantile Exchange Limited (PMEX), country’s only multi-commodity futures exchange facilitated the country’s third electronic Murabaha transaction and the first transaction for a Modaraba between Meezan Bank Limited and First Al-Noor Modaraba. State Bank of Pakistan of Pakistan (SBP) had earlier allowed banks to conduct transaction on PMEX Sharia…

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PMEX Facilitates Pakistan’s First Electronic Murabaha Transaction

  December 26, 2017 – Karachi: Pakistan Mercantile Exchange Limited (PMEX), country’s only multi-commodity futures exchange, has achieved yet another breakthrough by facilitating the country’s first electronic Murabaha transaction, which in essence will pave the way for an Islamic Money Market. Meezan Bank was the Shariah Technical Services Provider for development of this Shariah-compliant trading…

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