Iran Mercantile Exchange

Iran Mercantile Exchange was established on September 20, 2000 in accordance with the article 95 of the new law of the Securities Market of the Islamic Republic of Iran and following the merge of the agricultural and metal exchanges of Tehran. The merge marked a new chapter in Iran capital market providing endless trading opportunities for the clients in and out of the country.

 

Services to the Market:

Various sectors of economy and national industry benefit from the exchange operation. The scope of the services is as under:

Performing as the first market providing access to the initial offering of the listed commodities

Price discovery and price making for the OTC,  secondary markets and the end users

Providing venue for government tenders, sales and procurement  purchases 

Providing trading platform and user interface for the clients 

Providing Clearing & Settlement services 

Risk management

Technology services

 

Training and education of the market participants Product :

Various   products  and  commodities  are listed and  traded    in  IME    which    are  categorized   in  four classifications:

 

Industrial Products and Commodities: The ferrous  and   non-ferrous   metals   such   as   Steel,   Copper,  Aluminum, Zinc and Lead in various form, dimension and   sizes,   different   types   of   Cement,   Coke,   Precious   Metals  Concentrate,  and  other  basic  products  are  traded  in  the  industrial  trading session from 10:30 to 12:00 (+3.5 GMT), at the trading floor  through semi electronic open outcry.

Gold: gold bullions having different fineness from 999.9 to 900,  are traded from 12:00 to 12:30 in the trading floor.

Oil Products and Petrochemicals: oil related products range from Bitumen, Base oil, Crude Oil, Fuel Oil, RPO, carbon black, chemical  products and petrochemicals like PP, PE, LDPE, LLDPE, Aromatics,  SBR, PS, MS, and many others. The trades in this group are carried 

out from 13:30 to 16:00

Agricultural: the agricultural products traded in IME range from cereals to oil seeds to oil cakes and other grains and other products like wheat, feed wheat, feed barley, yellow corn, maize, soybean, soybean meal, raisin, lentil, chick peas, sugar, saffron, pistachio, traded in the fully electronic multi-commodity trading system.

Multi-Commodity: All agriculture products and some oil products like Bitumen, VB and Lubcuts are traded in the multi-commodity system from 12:30 to 12:50.

Gold Coin Futures: traded as one of the most active and successful underlying assets in the futures contracts in IME. Trading hour is 10:00 to 18:00. Note:    The  official  weekend  holidays  in  Iran  are  Thursdays and Fridays.

 

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