The Federation of Euro-Asian Capital Markets
102 107
About Company
Uzbek Commodity Exchange
Established: 1994
Address: 100090, Tashkent city, Yakkasaray
district, Bobur street 77
Contact person: Hikmat Tillaboev
Email: h.tillaboev@rtsb.uz
Website: uzex.uz
- Joined FEAS in 2022 -
Asadulla Kayumov
Chairman of the board
The Uzbek Commodity Exchange (UZEX) has started implementing artificial intelligence (AI) services to optimize business processes and improve work efficiency.
Specifically, an advanced AI-powered Chat-bot service has been implemented to support users of the Exchange’s electronic public procurement system.
From now on, authorized users of the xarid.uzex.uz platform can quickly receive real-time responses and technical assistance upon request, without having to contact the Exchange’s Call Center.
The digital assistant provides prompt consultations and guidance on a range of issues related to legislation, tender procedures, documentation, participation in bidding, and other aspects of public procurement.
On November 22, an overseas trading platform of the Uzbek Commodity Exchange was launched in Kabul, established by the Afghan bank Ghazanfar Bank.
This foreign trading platform was launched as part of the "4th National and International Exhibition and Trade Fair in the Name of Imam Abu Hanifa," held in Kabul.
The exchange trading platform will provide entrepreneurs from Uzbekistan and Afghanistan with the opportunity to freely participate in the commodity markets of both countries, leveraging the advantages of a market-driven mechanism.
UZEX implements AI Tools
Fitch Ratings Upgrades UZEX Outlook
The international rating agency Fitch Ratings has upgraded the outlook of the Uzbek Commodity Exchange (UZEX) from “stable” to “positive” and confirmed the company’s international rating at “B”. The outlook revisions reflect UZEX's improving counterparty exposure and an enhanced operating environment following Uzbekistan's upgrade.
The agency’s assessment also took into account a reliable business model that does not require debt, a low level of financial risks, stable profitability, as well as the exchange’s significant role in development of market infrastructure in Uzbekistan.
UZEX has opened its overseas trading office in Afghanistan