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 Compliant […]

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 Ansari, President & CEO, Bank Alfalah, Mr. Ejaz Ali […]

PMEX OFFERS META TRADER 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 […]

PMEX SIGNS MOU WITH DALIAN COMMODITY EXCHANGE (DCE)

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 to […]

PMEX SIGNS MOU WITH BELARUSIAN UNIVERSAL COMMODITY EXCHANGE (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. The MoU is designed to […]

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 compared to PKR 115 billion for the same period last […]

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 and the trading and operational mechanism is similar […]

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 […]

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 grew […]

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 […]