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

 

Offering over 63,000 tonnes of Polymer Products on Tuesday

Offering over 63,000 tonnes of Polymer Products on Tuesday

The oil and petrochemical trading floor of Iran Mercantile Exchange will play host to offering of 63,733 MT of polymer products including PVC, polypropylene, poly butadiene rubber, polystyrene, polyethylene, acrylonitrile butadiene styrene and styrene butadiene rubber.

Offering over 110,000 MT of Iron Ore on Export Ring

Offering over 110,000 MT of Iron Ore on Export Ring

On Monday, December 11, 2017, the export ring of Iran Mercantile Exchange will witness offering of 110,000 MT of iron ore from Sangan Iron Ore Complex.

Offering Copper Products on Metal and Mineral Trading Floor

Offering Copper Products on Metal and Mineral Trading Floor

On Sunday, December 10, 2017, the metal and mineral trading floor of Iran Mercantile Exchange will experience offering of 1,340 MT of copper rod, 1,960 MT of copper cathode and 20,000 MT of low grade copper.

Question form

Name

Subject

Email

Text

Wednesday, December 13, 2017 16:45

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