The Pan Africa Exchange (PANEX) is a Pan-African focused international exchange. PANEX anchors an ecosystem of farmers, warehouse and logistics operators, brokers, traders and commercial banks.
PANEX Broker is the back office system that is provided to PANEX members who do not have their own enterprise-trading platform. It allows for cross border trades of multiple assets as well as currencies.
PAN-CLEAR is the clearing house of the exchange. The clearing house eliminates counter-party risk in trading as all trades are settled in real time.
Membership PANEX is open for local, regional and international market participants. The exchange membership committee determines membership licensing. PANEX issues permits to qualified applicants on an ongoing basis.
The membership classifications are:
PAN-CLEAR is the clearing house of PANEX, which eliminates counter-party risk in trading as all trades are settled in real time.
Advantages of Central Clearing include: