Pakistan Mercantile Exchange (PMEX) was formerly known as National Commodity Exchange Limited.
It is the first and only de-mutualized, online commodity futures exchange in Pakistan. The shareholders of PMEX include:
PMEX is regulated by Securities and Exchange Commission of Pakistan (SECP). The Membership of Pakistan Mercantile Exchange (PMEX) is open to all. At present, 300+ members are registered with PMEX and the number is growing every month.
Some of the prominent members include brokerage houses, individuals and industry specialists ranging from traders to exporters and importers and commodity specialists.
Not too long ago, Pakistan Mercantile Exchange (PMEX) in April, 2011 overtook the combined volumes of the Stock Exchanges. PMEX experienced a record trading volume of Rs.68 billion in comparison to stock exchanges’ combined monthly trading volume of Rs.66 billion. The same trend continued in May 2011 whereby the PMEX posted a volume of Rs.80 billion trading in various listed commodities
Pakistan Mercantile Exchange (PMEX) operates 21 hours from Monday through Friday. The increase in the hours of trading is to match the timings of international market and to give Pakistani investors a chance to participate in the Global Market to the fullest and benefit from the commodity price trends.
Benefits of Trading Through PMEX