FEAS Yearbook FEAS Yearbook 2015 | Page 26

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT 2015 IRAN MERCANTILE EXCHANGE The major objectives for the upcoming years are to securitize IME and then create novel instruments and markets so that we can, on the one hand, add diversity to the current instruments and, on the other hand, manage the potential risks for the participants. Dr. Hamed Soltani Nejad CEO As the new CEO of Iran Mercantile Exchange (IME), I would like to greet all the members of FEAS and I hope that IME stands out in terms of its participation in FEAS. Developing international cooperation and relations with our foreign counterparts is on the agenda of our company and we will do our best to turn our international activities into practice. Iran Mercantile Exchange, starting its activities since 2007, has become one of the main entities in the capital market. IME’s main mission is to create mechanism required for the formation of organized markets for a fair and transparent price discovery in a competitive context. This company, enjoying almost 8 years of experience, is an appropriate underpinning for trading more than 185 basic commodities in metals and minerals, oil and petrochemicals, as well as agricultural groups in form of cash, credit and forward contracts in spot and secondary markets. Moreover in this exchange, derivative contracts including gold coins, cumin seed and soybean meal futures contract, besides iron ore standard parallel key HigHligHts Of tHe year Companies and market capitalization Number of listed companies Domestic companies Foreign companies** Trading Total trading value (USD million)* Domestic trading floor (USD million) International trading floor (USD million) Total trading volume (KT) Domestic trading floor International trading floor * CBI Currency Exchange Rate on 16 June 2015: IRR 29.050 ** Foreign Companies Products are listed by local traders. 31.12.2013 31.12.2014 345 271 74 380 295 85 14,842.9 12,834.0 2,008.9 24,564 18,869 5,695 14,601.0 12,842.6 1,758.4 23,527 18,863 4,664 forwards are ongoing. The major objectives for the upcoming years are to securitize IME and then create novel instruments and markets so that we can, on the one hand, add diversity to the current instruments and, on the other hand, manage the potential risks for the participants. “ Developing international cooperation and relations with our foreign counterparts is on the agenda of our company and we will do our best to turn our international activities into practice. ” ABOUT IRAN MERCANTILE EXCHANGE Established: 2007 Chairman: Hossein Panahian Address: No.351, Taleghani Ave., Tehran, Iran Contact name: Farhad Morsali E: [email protected] Tel: +9821 85641024,28 W: www.ime.co.ir 24 FULL MEMBERS