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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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Offering over 36,000 tonnes of Polymer Products, Chemical Products, VB and Bitumen

Offering over 36,000 tonnes of Polymer Products, Chemical Products, VB and Bitumen

On Saturday, August 18, 2018, the oil and petrochemical trading floor of Iran Mercantile Exchange will play host to offering of 36,104 MT of polymer products, chemical products, bitumen and VB feed stock.

Trading over 36,000 tonnes of Chemical Products on Wednesday

Trading over 36,000 tonnes of Chemical Products on Wednesday

On Wednesday, August 15, 2018, the oil and petrochemical trading floor of Iran Mercantile Exchange experienced trading of 36,368 MT of chemical products.

IME’s Price Discovery Policy Should be Changed According to the New Currency Exchange Policy

CEO of IME

IME’s Price Discovery Policy Should be Changed According to the New Currency Exchange Policy

Managing Director of Iran Mercantile Exchange, referring to the government’s new currency exchange policy, said the IME’s pricing policy based on the reference currency used for base commodities and the limitation on the price discovery for intermediate goods should be changed in line with new currency exchange policies.

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Saturday, August 18, 2018 12:04

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