SUBMITTED TO

Asim Shaikh

SUBMITTED BY
Majid Ali
Muhammad Miskeen


Introduction
Began in May 2007
Electronic demutualized merchandise trade
Has an Institutional shareholding:

National Bank of Pakistan
Karachi Stock Exchange
Lahore Stock Exchange
Islamabad Stock Exchange
Pak Kuwait Investment Company (Pvt.) Limited,
&
Zarai Taraqiati Bank Ltd.pakistan
Mission&Vision:
To provide an opportunity to the farmers to farm for
the market

FROM To
Price Distortion Observable prices
Wide spreads or one way quote Narrow spreads and two way quotes
Lack of storage State of the art warehousing
Absence of standardization
Quality certification & standardization
Counterparty risk Complete risk mitigation
Impediments in financing Ease in financing
Price manipulation Price dissemination
Why Trade on PMEX
Only recognised platform for Futures Trading
Regulated by SECP
Guaranteed Settlement
No Credit Risk
Segregation of Funds
Minimal Margin Requirements
Direct Market Access / Ease of Trading
Profit on Margin Account Balances

RICE
PALM OIL
GOLD
SILVER
CRUDE OIL
INTEREST RATES

1
Contact an PMEX registered broker
2
Read and sign risk disclosure documents
3
Broker opens trading account
4
Difference between clients
5
Payment of initial margins to broker
6 Online transfer of margins to PMEX
7
Ask for account statements from broker
8
Verify that margins have been paid by PMEX
9
Ask for training if using direct terminal
10
Enter orders , monitor positions and pay margins
Determination of Price:

NCEL issues day by day reports at their site thus
purchaser and merchant can without much of a stretch
focus the value and intermediaries additionally get
messages that they sent to the parts so they can
distinguish value effortlessly and value likewise relies
on upon dollar too.

Issues in the Market

Lack of government interest.
No advertisement.
Lack of awareness.
Lack of participation.

Focus Agriculturists of remote regions

Introduction of commodity futures of sugar and
wheat