فارسی  
 

About Markets Rules & Regulations Beneficiaries Products Warehouses Education

Settlement & Delivery-Property Market

Secondary Market

Settlement, Clearing and Delivery in the Secondary Market

1- In the auction form of offering, the settlement and delivery shall be executed in accordance with the rules and regulation of IME spot transactions

2- In the whole-lot form of offering, settlement shall be carried out in accordance with the provisions stated in the offering notice. In case that the buyer realizes the conditions of the offering notice including cash payment and fulfilling non-cash payment the seller shall be committed to sign the OTC clearing document for clearing out clearing house and submitting it to his brokerage firm. In addition, failure of the buyer in payment of cash segment of the transaction in accordance with the offering notice provision, provided that it has been revealed to the arbitration committee or through verbal confirmation of the two sides, the clearing house shall deduct all fees and commission from the collaterals of the buyer and shall pay the remainder to the account of the seller through his brokerage firm.

3- In case of fulfillment of the buyer's obligations towards transaction and failure of the seller in signing the OTC clearing documents, all charges and fees shall be deducted from the collaterals of the seller with the clearing house and will be paid to the buyer's account through his brokerage firm.

Top Subjects | All News

 

IME Trades 20,000 tonnes of Vacuum Bottom

IME Trades 20,000 tonnes of Vacuum Bottom

IME’s oil and petrochemical trading floor witnessed on Wednesday, April 26, 2017, trade of 20,000 tonnes of vacuum bottom from Tehran, Shiraz and Bandar-e-Abbas Oil Refineries.


The Seventh Volume of IME English Quarterly, Winter 2017 Published

The Seventh Volume of IME English Quarterly, Winter 2017 Published

Iran Mercantile Exchange published its Seventh English quarterly newsletter, Winter 2017.


Offering of 134,000 MT of Agricultural Commodities on Wednesday

Offering of 134,000 MT of Agricultural Commodities on Wednesday

The agricultural trading floor of Iran Mercantile Exchange will play host to offering of 134,000 MT of various commodities, on Wednesday, April 26.


Question form

Name

Subject

Email

Text

Saturday, April 29, 2017 09:02

Quick Links

  Market Information

  Watches   Contact Us

         Contact us

         Business Calendar

         Export Trading Floor

         Rules & Regulations

        Offer Notices

        Futures Contracts

        Spot Market Info

        Futures Contracts

        Spot Market

 

  RSS

No. 351, Taleghani St, Vali Asr St, Tehran, Iran.

 E-Mail: international@ime.co.ir

 

All rights reserved by Iran Mercantile Exchange, 2016

Home|News|About us|Contact us|RSS