List of commodities exchanges

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The floor of the Chicago Board of Trade, a major commodities exchange in the United States. Chicago bot.jpg
The floor of the Chicago Board of Trade, a major commodities exchange in the United States.

A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading includes various types of derivatives contracts based on these commodities, such as forwards, futures and options, as well as spot trades (for immediate delivery).

Contents

A futures contract provides that an agreed quantity and quality of the commodity will be delivered at some agreed future date. A farmer raising corn can sell a futures contract on his corn, which will not be harvested for several months, and gets a guarantee of the price he will be paid when he delivers; a breakfast cereal producer buys the contract and gets a guarantee that the price will not go up when it is delivered. This protects the farmer from price drops and the buyer from price rises. Speculators and investors also buy and sell these contracts to try to make a profit; they provide liquidity to the system.

Some of these exchanges also trade financial derivatives, such as interest rate and foreign exchange futures, as well as other instruments such as ocean freight contracts and environmental instruments. In some cases these are mentioned in the lists below.

Major commodity exchanges

See List of futures exchanges#Major derivatives exchanges.

Commodities exchanges across the world

Main commodity exchanges worldwide:

Africa

GroupNameAbbreviationCityCommodity types
Ghana Commodity Exchange [1] [ full citation needed ]GCX Accra, GhanaAgricultural
Africa Mercantile Exchange [ citation needed ]AfMX Nairobi, KenyaAgricultural, Energy
Egyptian Commodities Exchange EGYCOMEX Cairo, EgyptAgricultural, Energy
Nairobi Coffee Exchange NCE Nairobi, KenyaCoffee
Ethiopia Commodity Exchange ECX Addis Ababa, EthiopiaAgricultural
Mercantile Exchange of Madagascar [2] MEX Antananarivo, MadagascarAgricultural, Metals, Energy
East Africa Exchange [3] EAX Kigali, RwandaAgricultural
Agricultural Commodity Exchange for Africa [4] [ full citation needed ]ACE Lilongwe, MalawiAgricultural
Auction Holding Commodity Exchange [5] AHCX Lilongwe, MalawiAgricultural
Bourse Africa (previously GBOT) [6] [7] Ebene City, MauritiusMetals, Forex
JSE Limited South African Futures Exchange JSE Sandton, South AfricaAgricultural
Nigeria Commodity Exchange [ citation needed ]NCX Abuja, NigeriaAgricultural products
Lagos Commodities and Futures Exchange [ citation needed ]LCFE Lagos, NigeriaAgricultural products, Oil and Gas, Currency, Solid Minerals
AFEX Commodities Exchange Limited [8] AFEX Nigeria Abuja, NigeriaAgricultural products
Zimbabwe Mercantile ExchangeZMX Harare, ZimbabweAgricultural commodities
Tanzania Mercantile ExchangeTMX Dar es salaam, TanzaniaAgricultural commodities, Solid Minerals

Americas

GroupExchangeAbbreviationLocationProduct Types
Amercanex Denver, United StatesCannabis
Brazilian Mercantile and Futures Exchange BMF São Paulo, BrazilAgricultural, Biofuels,
CME Group Chicago Board of Trade CBOT Chicago, United StatesGrains, Ethanol, Treasuries, equity index, Metals
Chicago Mercantile Exchange CME Chicago, United StatesMeats, Currencies, Eurodollars, equity index, interest rate future
New York Mercantile Exchange NYMEX New York, United StatesEnergy, Precious Metals, Industrial Metals
Kansas City Board of Trade KCBT Kansas City, United StatesAgricultural
Chicago Climate Exchange CCX Chicago, United StatesEmissions
Flett Exchange Jersey City, United StatesEnvironmental
HedgeStreet Exchange California, United StatesEnergy, industrial Metals
HoustonStreet Exchange[ citation needed ] New Hampshire, United StatesCrude Oil, Distillates
ICE Intercontinental Exchange ICE Atlanta, United StatesEnergy, Emissions, Agricultural, Biofuels
LedgerX [ citation needed ]LX New York, United StatesDigital Assets
Memphis Cotton Exchange Memphis, United StatesAgricultural
MATba Rofex [ citation needed ]MATba Rofex Argentina Financial and Agricultural
Miami International Holdings Minneapolis Grain Exchange MGEX Minneapolis, United StatesAgricultural
Nadex Exchange Chicago, United StatesEnergy, Industrial Metals
Nodal Exchange [ citation needed ]Nodal Virginia, United StatesEnergy, Power, Environmental
Sioux City Grain Exchange SCGX Sioux City, United StatesAgricultural
U.S. Futures Exchange USFE Chicago, United StatesEnergy
Winnipeg Commodity Exchange ICE Manitoba, CanadaAgricultural

Asia

GroupNameAbbreviationLocationProduct Types
Bombay Stock Exchange BSE India Base metal, agricultural, energy, precious metals
Manila Commodity Exchange MCX Manila, PhilippinesBase metals, agricultural, energy, and currencies
International Commodity Exchange Kazakhstan Almaty, KazakhstanIndustrial and Mineral Products, Oil by-products and petrochemicals, Agricultural
Agricultural Futures Exchange of Thailand [9] AFET Bangkok, ThailandAgricultural
Bangla Mercantile Exchange
Bursa Malaysia MDEX Malaysia Biofuels
Cambodian Mercantile Exchange CMEX Phnom Penh, CambodiaEnergy, Industrial Metals, Rubber, Precious Metals, Agricultural
Chittagong Tea Auction Chittagong, Bangladesh Tea
Dalian Commodity Exchange DCE Dalian, ChinaAgricultural, Plastics, Energy
Dubai Mercantile Exchange DME Dubai, United Arab EmiratesEnergy
Dubai Gold & Commodities Exchange DGCX Dubai, United Arab EmiratesPrecious Metals
Hong Kong Mercantile Exchange HKMEx Hong Kong Gold, Silver
ICE Futures Abu Dhabi IFAD Abu Dhabi, United Arab EmiratesMurban oil futures
Indonesia Commodity and Derivatives Exchange ICDX Jakarta, IndonesiaAgricultural, Base Metals, Financial Products
Iran Energy Exchange IRENEX Tehran, IranAll energy carriers such as crude oil, petroleum products, electricity, coal
Iran Mercantile Exchange IME Tehran, IranIndustrial and Mineral Products, Oil by-products and Petrochemicals, Agricultural
İzmir Commodity Exchange ICE İzmir, TurkeyAgricultural
Jakarta Futures Exchange [10] JFX Jakarta, IndonesiaCocoa, Coffee, Precious Metals, Olein, CPO[ clarification needed ], Coal, Tea, Rubber
Japan Exchange Group Osaka Exchange XOSE Osaka, JapanFinancials, Precious Metals, Rubber, Agricultural [11]
Tokyo Commodity Exchange TOCOM Tokyo, JapanEnergy [11]
Osaka Dojima Exchange XKAC Osaka, JapanAgricultural, Raw sugar, Precious metals [12]
Commodities & Metal Exchange Nepal Ltd. COMEN Nepal Gold, Silver
National Spot Exchange Limited [NSEL] Mumbai, India
Nepal Derivative Exchange Limited [NDEX] Kathmandu, NepalAgricultural, Precious Metals, Base Metals, Energy
Derivative and Commodity Exchange Nepal Ltd. DCX Kathmandu, NepalAgricultural, Bullion, Base Metals, Energy
MEX Nepal MEX Kathmandu, NepalAgricultural, Bullion, Base Metals, Energy
Nepal Spot Exchange Limited NSE Kathmandu, NepalAgricultural, Bullion
Indian Commodity Exchange Limited ICEX India Energy, Precious Metals, Base Metals, Agricultural www.icexindia.com
Multi Commodity Exchange MCX India Precious Metals, Base Metals, Energy, Agricultural
National Commodity and Derivatives Exchange NCDEX India Precious Metals, Base Metals, Energy, Agricultural
National Multi-Commodity Exchange of India Ltd NMCE India Precious Metals, Base Metals, Agricultural
Chamber of Commerce, Hapur COC India Agricultural
Ace Derivatives & Commodity Exchange Ltd. ACE India Agricultural
Bhatinda Om & Oil Exchange Ltd. BOOE India Agricultural
Universal Commodity Exchange UCX India Agricultural, Energy, Precious Metals
Pakistan Mercantile Exchange PMEX Pakistan Precious Metals, Agricultural, Energy, Interest rate futures, currencies, Metals
Shanghai Futures Exchange SHFE Shanghai, ChinaIndustrial metals, Gold, Petrochemicals, Rubber, Base metals
Shanghai International Energy Exchange INE Shanghai, ChinaEnergy, rubber, metal
Shanghai Gold Exchange Shanghai, ChinaPrecious Metals
SGX Group Singapore Commodity Exchange SICOM Singapore Agricultural, Rubber
Asia Pacific Exchange APEX Singapore Financials, Agricultural, Energy
ACX (AirCarbon Exchange) [13] ACX Singapore Carbon offset
Uzbek Commodity Exchange UZEX Tashkent, UzbekistanMetals, crude oil products, chemicals, base oils, LPG and polyethylene, sugar, agricultural, etc.
Zhengzhou Commodity Exchange CZCE Zhengzhou, ChinaAgricultural, PTA
Mercantile Exchange of Vietnam VNX Hanoi, VietnamCoffee, Rubber, Steel
Buôn Ma Thuột Coffee Exchange Center BCEC Buôn Ma Thuột, VietnamCoffee
Mongolian Commodity Exchange MCE Ulaanbaatar, MongoliaThere are 21 types of raw materials of 6 group commodities traded on the market:

"Cashmere, Wool, Livestock, Grain, Meat, Leather"

Europe

GroupExchangeAbbreviationLocationProduct TypesLife Time
APX-ENDEX APX-ENDEX Amsterdam, NetherlandsEnergy
Trieste Commodity Exchange BMTS Trieste, ItalyAgricultural
Commodity Exchange Bratislava, JSC CEB Bratislava, SlovakiaEmissions, Agricultural, Diamonds
Climex CLIMEX Amsterdam, NetherlandsEmissions
Deutsche Börse Eurex Exchange EUREX Frankfurt, GermanyAgricultural, Metals, ETCs, Commodities Index
European Energy Exchange EEX Leipzig, GermanyPower, Natural Gas, Emissions, Coal
ICE European Climate Exchange ECX London, United KingdomEmissionsfounded in 2005, acquired by ICE in 2010 and merged into ICE Futures Europe
London Commodity Exchange LCE London, United Kingdom Agricultural Merged into LIFFE in 1996
Energy Exchange Austria EXAA Vienna, AustriaEnergy, Emissions
Commodities Investment Exchange [14] COINVEX London, EnglandOil & Gas, Mining, Renewable Energy
Integrated Nano-Science & Commodity Exchange INSCX United Kingdom Nanomaterials
Nasdaq, Inc. Nasdaq Commodities [15] Oslo, NorwayPower, Natural Gas, Emissions, Freight, Iron Ore
Euronext Nord Pool Spot [16] Oslo, NorwayPower, EnergyAcquired by Euronext in 2020
Euronext Europe Agricultural
Hong Kong Exchanges and Clearing London Metal Exchange LME London, United KingdomIndustrial Metals, Plastics (Delisted in 2011)
Power Exchange Centra Europe [17] PXE Prague, Czech RepublicPower
Belarusian Universal Commodity Exchange BUCE Minsk, BelarusMetals, Agricultural, Timber, Industrial and consumer goods
Saint-Petersburg International Mercantile Exchange [18] SPIMEX Moscow, RussiaCrude oil, Petrochemicals, Natural gas, Metals, Agricultural, Timber
Moscow Energy Exchange [19] MOSENEX Moscow, RussiaEnergyClosed since March 2017
Iberian Energy Exchange OMIE-OMIP LisbonMadrid, Portugal–SpainPower, Energy
Bursa Română de Mărfuri [20] BRM Bucharest-Romania Electric power, Natural gas, CO2 Emission Allowances, Petroleum products, Construction materials

Oceania

GroupExchangeAbbreviationLocationProduct Types
ASX Australian Securities Exchange ASX Sydney, AustraliaAgricultural, Energy, Interest Rate Future
ABX Global ABX Brisbane, AustraliaPrecious Metals
CBL Markets [21] CBL Sydney, AustraliaEnergy, Emissions, Environmental

See also

References

  1. "Ghana Commodity Exchange".
  2. "Madagascar Exchange – Commodity, Futures & Derivatives – Mex Madagascar". mexmadagascar.com.
  3. "East Africa Exchange".
  4. "AceAfrica".
  5. "AHCX Malawi - AHL Commodity Exchange".
  6. "Mauritian Exchange GBOT to Target Africa – Rebrands to BOURSE AFRICA". Finance Magnates. October 30, 2013.
  7. "Bourse Africa". Archived from the original on 2017-12-14. Retrieved 2020-03-08.
  8. "Who We Are | AFEX | Africa Exchange Holdings". Archived from the original on 2016-03-02.
  9. "AFET - Agricultural Futures Exchange of Thailand, the". Archived from the original on 2012-12-10. Retrieved 2013-04-22.
  10. Jakarta Futures Exchange (2018-06-15). "Market grows on where prices discovered". JFX. Retrieved 2018-07-23.
  11. 1 2 "List of Products". Japan Exchange Group. Retrieved 2022-02-19.
  12. "Listed Commodities - ODEX - 堂島取引所 Osaka Dojima Exchange". ODEX - 堂島取引所 Osaka Dojima Exchange - 世界に伍する総合取引所への挑戦. 2022-12-02. Retrieved 2023-03-27.
  13. "AirCarbon Exchange". ACX.
  14. "COINVEX | the Commodities Investment Exchange - Energy investment, Oil investment, Mining investment". Archived from the original on 2014-11-19. Retrieved 2018-09-11.
  15. "Nasdaq Commodities". NASDAQOMX.com.
  16. "Nord Pool Spot". nordpoolspot.com.
  17. "POWER EXCHANGE CENTRAL EUROPE (PXE): About PXE".
  18. "Saint-Petersburg International Mercantile Exchange: About".
  19. "Moscow Energy Exchange: About".
  20. https://brm.ro/en/ [ bare URL ]
  21. "CBL Markets".