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Types of Trading Codes

1. General Transaction Accounts: This refers to the transaction account not provided for dealings of a specific product or product category and the holder of such account shall be authorized to buy all products listed at the IME provided that there shall be no restraints declared vis-à-vis purchase of specific products or product categories.
2. Specific Transaction Account of Product Category: This refers to a transaction account provided for dealings of a specific product category, and the holder of such account shall be authorized to make purchases from all listed products of that category provided that there shall be no restraints declared vis-à-vis purchase of a specific product. 
3. Specific Transaction Account of Product: This refers to the transaction account provided for purchase of one or several specific products, and the holder of such account shall be authorized to purchase a specific product or specific products. 
4. All those transacting products and product-based securities in forms of derivative contracts shall be required to receive general transaction accounts.
5.In order to buy agricultural products, cement, gold and exports products, individuals may receive transaction accounts in observance hereof.

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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 11:50

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