State-of-the art Mercantile Exchange Nepal Limited as Public Institutions MEX, during the formation of the company and

in practical aspect of market addre sses the various integral aspects of commodity economy, viz., warehousing, coope ratives, private and public sector marketing of agricultural commodities, resear ch and training. MEX is the only Exchange in Nepal to have such support from the commodity relevant institutions. These institutions are represented on the vari ous committees set up by the Exchange to ensure good corporate governance. Some of them have also lent their personnel to provide technical support to the Excha nge management. The day-to-day operations of the Exchange are managed by the exp erienced and qualified professionals with impeccable integrity and expertise. No ne of them have any trading interest. The structure of MEX is impossible to repl icate in Nepal. Uniqueness of the MEX lies in various aspects. As a zero debt company it has acc epted globally tested accounting and compliance procedures. Robust delivery mech anism becoming the most suitable for the participants in the physical commodity markets. The exchange believes the price volatility but does not compromise on i ts delivery provisions to attract speculative volume. MEX is guided by public in terest rather than commercial interest. Effective and accepted fair, transparent and rule based dispute settlement mechanism is developed, to eliminate any such of conflict in participation of the market. MEX commenced futures and commodity CFD trading in numbers of commodities on a n ational scale. The basket of commodities has grown substantially since then to i nclude cash crops, food grains, vegetables, spices, oil seeds, metals & bullions among others. And this will be the continual task to innovate new product and t o convert it as financial instrument. Research Desk of MEX is constantly in the process of identifying the hedging needs of the commodity economy and the basket of products is likely to grow even further. MEX has also made immense contribut ion in raising awareness about and catalyzing implementation of policy reforms i n the commodity sector. MEX is the first Exchange to enroll participation of hig h net-worth corporate Members in commodity derivatives market. It is the Exchang e, which shows a way to introduce ware house receipt system within existing lega l and regulatory framework. The first Exchange to complete the contractual groun dwork for dematerialization of the warehouse receipts. Innovation is the life of MEX. MEX operates global commodity and financial products marketplaces, including the world's leading energy, metals and commodity markets. MEX's diverse futures and over-the-counter (OTC) markets offer access to contracts based on crude oil, na tural gas, as well as agricultural commodities including coffee, cotton, rice, l entils, wheat and so on. MEX conducts its futures markets through its standard and tested automated tradi ng accessibility to trader which offers the leading benchmarks and trades the fu tures in its markets. MEX Futures provides global futures markets, as well as cl earing services through MEX affiliated Clearing members. State-of-the-art electr onic trading platform brings market access and transparency to participants glob ally.