Pakistan Mercantile Exchange

Pakistan Mercantile Exchange Limited (PMEX) is the country’s first and only demutualized commodity futures exchange, licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Based on sophisticated multi-dimensional infrastructure and state-of-the-art technology, PMEX offers a complete suite of services i.e. trading, clearing & settlement, custody as well as back office, all under one roof.

PMEX was formed in 2002 and started its operations in May 2007 offering a diverse range of domestic and international products across multiple asset classes. PMEX is a demutualized exchange and the shareholding is completely institution based. The products that are generally offered at the Exchange[s] can be broadly classified into the following two categories:

Global Products: These products are in most part available amongst all futures exchanges and therefore categorized as global commodities. Examples of such products are: Gold, Silver, Crude Oil and Currency Pairs.

Local Products: These are the products that are produced and traded locally. Thus, the product suite differs from country to country. Examples of such products are: Cotton, Wheat, Sugar, Corn, Rice and Spices.

The products offered by PMEX can be clubbed into four main asset classes: metals, agriculture, energy and financial futures. Within each commodity, a variety of contracts are offered based on currency denomination, contract size and tenure. 

International Trading Sessions

Session

Major Markets

Hours (PST)

Asian Session

Tokyo

2:00 am to 12:00 pm

European Session

London

12:00 pm to 9:00 pm

American Session

New York

4:00 pm to 2:00 am

PMEX Market Timings

Commodity

Day

Revised Timing

Open

Close

All International Commodities except iCotton, iSoybean, iCorn, iWheat

Monday

4:00 AM

3:00 AM

Tuesday to Friday

6:00 AM

3:00 AM

ISoybean, ICorn, IWheat

Monday

4:00 AM

12:00 AM

Tuesday to Friday

6:00 AM

12:00 AM

ICotton

Monday to Friday

7:00 AM

12:00 AM

PMEX Contracts Expiry Date

Trading Pairs
Active Contract
Date of Expiry

Brent Oil

MY24

Monday, 29 April 2024

Copper

MY24

Friday, 26 April 2024

Crude Oil

MY24

Friday, 29 April 2024

Currency Pairs

MY24

Friday, 26 April 2024

Gold

JU24

Wednesday, 29 May 2024

ICOTTON

MY24

Wednesday, 24 April 2024

JPYEQTY

JU24

Wednesday, 12 June 2024

NGAS

MY24

Thursday, 25 April 2024

Palladium

JU24

Wednesday, 29 May 2024

Platinum

JY24

Wednesday, 26 June 2024

Silver

MY24

Friday, 26 April 2024

U.S Indices

JU24

Thursday, 20 June 2024

PMEX Margins are updated on March 26, 2024

Product Groups

Contract Code

Initial Magin

Initial Margin Value

Maintenance Margin

ENERGYCRUDE10 JU244.75%10,100100%
CRUDE100 JU244.75%100,200100%
CRUDE10 JY244.75%10,100100%
CRUDE100 JY244.75%100,200100%
CRUDE10 MY244.75%10,900100%
CRUDE10 MY24ID2.50%5,800100%
CRUDE100 MY244.75%108,400100%
CRUDE100 MY24ID2.50%57,100100%
CRUDE1000 MY244.75%1,083,100100%
CRUDE1000 MY24ID2.50%570,100100%
BRENT10 MY245.00%12,100100%
BRENT100 MY245.00%120,700100%
BRENT1000 MY245.00%1,206,400100%
NGAS1K AP247.75%34,600100%
NGAS10K AP247.75%                      346,000100%
MetalsCOPPER MY243.00%33,500100%
COPPER25K MY243.00%836,800100%
GOMOZ AP242.25%200100%
GO100OZ AP242.25%1,359,800100%
GO100OZ AP24ID1.25%755,500100%
GO100OZ JU242.25%1,373,500100%
GO100OZ AU242.25%1,063,400100%
GO10OZ AP242.25%136,000100%
GO10OZ AP24ID1.25%75,600100%
GO10OZ JU242.25%137,400100%
GO10OZ AU242.25%106,400100%
GO1OZ AP242.25%13,600100%
GO1OZ AP24ID1.25%7,600100%
GO1OZ JU242.25%13,800100%
GO1OZ AU242.25%10,700100%
SL10 JY244.25%2,900100%
SL10 MY244.25%3,000100%
SL10 MY24ID2.25%1,600100%
SL10 SE244.25%2,900100%
SL100OZ JY244.25%28,300100%
SL100OZ MY244.25%29,400100%
SL100OZ MY24ID2.25%15,600100%
SL100OZ SE244.25%28,300100%
SL5000OZ MY244.25%1,468,000100%
SL5000OZ MY24ID2.25%777,200100%
SL500OZ MY244.25%146,800100%
SL500OZ MY24ID2.25%77,800100%
SL500OZ JY244.25%141,500100%
PLATINUM5 AP243.25%41,000100%
PLATINUM50 AP243.25%409,600100%
PALDIUM100 JU245.50%1,549,700100%
MINIGOLD FRI25.00%50,00060%
TOLAGOLD FRI25.00%57,70060%
GOLD AP245.00%587,900100%
GOLD JU245.00%587,900100%
GOLD MY245.00%587,900100%
GOLDKILO JU243.25%3,323,200100%
GOLDKILO AP243.25%3,323,200100%
GOLDKILO MY243.25%3,323,200100%
TGOLD100 JU243.25%375,700100%
TGOLD100 AP243.25%375,700100%
TGOLD100 MY243.25%375,700100%
TGOLD50 AP243.25%187,900100%
TGOLD50 MY243.25%187,900100%
TGOLD50 JU243.25%187,900100%
USDGOLD AP243.75%100100%
AUDGOLD AP241.25%100100%
CADGOLD AP241.75%100100%
CHFGOLD AP241.75%100100%
EURGOLD AP241.50%100100%
GBPGOLD AP241.75%100100%
JPYGOLD AP241.50%100100%
Currency PairsGOLDEURUSD AP24 (Through COTs)1.00%30,200100%
GOLDEURUSD AP24ID (Through COTs)1.00%30,200100%
GOLDGBPUSD AP24 (Through COTs)1.00%35,200100%
GOLDGBPUSD AP24ID (Through COTs)1.00%35,200100%
GOLDUSDJPY AP24 (Through COTs)1.00%27,900100%
GOLDUSDJPY AP24ID (Through COTs)1.00%27,900100%
GOLDAUDUSD AP24 (Through COTs)1.50%27,300100%
GOLDAUDUSD AP24ID (Through COTs)1.50%27,300100%
GOLDUSDCAD AP24 (Through COTs)1.00%27,800100%
GOLDUSDCAD AP24ID (Through COTs)1.00%27,800100%
GOLDUSDCHF AP24 (Through COTs)1.00%27,900100%
GOLDUSDCHF AP24ID (Through COTs)1.00%27,900100%
GOLDEURGBP AP24 (Through COTs)1.00%30,100100%
GOLDEURJPY AP24 (Through COTs)1.00%30,200100%
GOLDGBPJPY AP24 (Through COTs)1.50%52,800100%
GOLDCHFJPY AP24 (Through COTs)1.25%38,700100%
GOLDAUDJPY AP24 (Through COTs)1.50%27,400100%
GOLDEURCAD AP24 (Through COTs)1.25%37,700100%
GOLDEURAUD AP24 (Through COTs)1.25%37,600100%
GOLDEURCHF AP24 (Through COTs)1.00%30,200100%
GOLDGBPCHF AP24 (Through COTs)1.25%44,100100%
GOLDAUDCAD AP24 (Through COTs)1.00%18,200100%
IndicesNSDQ100 JU242.50%128,900100%
2NSDQ100 JU242.50%257,800100%
SP500 JU242.00%29,400100%
DJ JU242.00%220,900100%
JPYEQTY1 JU242.50%279,600100%
JPYEQTY5 JU242.50%1,397,700100%

PMEX Shareholders

Shareholder

Shares Held

% Holding

National Bank of Pakistan Limited

10,653,860

33.98%

Pakistan Stock Exchange Limited

8,909,052

28.41%

ISE Towers REIT Management Limited

5,568,181

17.76%

LSE Financial Service Limited

2,272,727

7.25%

Pak Brunei Investment Company Limited

2,133,115

6.80%

Zarai Taraqiati Bank Limited

909,091

2.90%

Pak Kuwait Investment Company Limited

909,090

2.90%

Individuals

46

0.0001%

Total

31,355,162

100.00%

error: Content is protected !!