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Listings Requirements-Property Market

Secondary Market

Listings Requirements for commodities in the Secondary Market

Each commodity in order to be listed in the Secondary Market has to meet the following conditions:

o    No legal ban or restriction for trading this commodity

o    The commodity must qualify as per specifications, conditions and its quality should correspond to the specifications stated in the offering notice for the exchange and the customers

o    The seller of commodity should be able to deposit required collateral with the clearing house in order to ensure the delivery of the commodity

It should be noted that the commodity which has been listed by the seller in other markets of the IME shall not be eligible to be listed by the same seller in the Secondary Market.

The listed commodities in the Secondary Market include: non-transferrable assets, assets or commodities void of conditions of tradable commodities in the spot market.

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Vacuum Bottom Draws Away from Other Petrochemicals in IME

Vacuum Bottom Draws Away from Other Petrochemicals in IME's Trades

On Wednesday, February 24, 2021, the IME witnessed trade of 120,060 tonnes of vacuum bottom on its oil and petrochemical trading floor.

Steel Blooms, Sheets, and Slabs on Trading Floor

Steel Blooms, Sheets, and Slabs on Trading Floor

On Tuesday, February 23, 2021, the IME witnessed trade of 102,500 tonnes of steel blooms, 3,850 tonnes of coloured steel sheets and 42,000 tonnes of steel slabs on its mineral and industrial floor.

20 kg of Gold Bars Traded on IME

20 kg of Gold Bars Traded on IME

On Monday, February 22, 2021, the IME witnessed trade of 20 kg of gold bars on its metal and mineral trading floor.

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Thursday, February 25, 2021 04:04

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