Metal Futures
Manage risk, facilitate price discovery, and capture market opportunities with PANEX Multi-currency harmonised clearing
Metal futures provide producers, manufacturers, traders and speculators with cost-efficient trading and risk management opportunities. The contracts are firm commitments to make or accept delivery of a specified quantity
and quality of a commodity during a specific month in the future at a price agreed upon at the time the commitment is made. PANEX facilitates the delivery of the underlying metals.Investors can also offset their futures positions before their contracts mature.
Product News
Zambia to start live bond, derivatives trading
PAN Africa Exchange (PANEX) is next month expected to launch live trading in bond and derivatives in Zambia, company chief executive officer Jacob Maaga has said. PANEX is a fully electronic marketplace designed to trade bonds, equities and derivatives and … Continue reading Zambia to start live bond, derivatives trading
World Bank forecasts surge in oil prices
The World Bank has raised its 2016 forecast for crude oil prices to Sh4,100 ($41) from the current Sh3,700 ($37) per barrel. The forecast, carried in its latest Commodity Markets Outlook, comes amid improving market sentiment and a weakening dollar. … Continue reading World Bank forecasts surge in oil prices
Tanzania offers to buy stake in Uganda’s oil refinery
Tanzania wants an 8 per cent stake in Uganda’s planned oil refinery, a Ugandan minister said on Friday, a move that could be designed to boost Tanzania’s bid to secure a pipeline route for Ugandan crude over a rival pitch … Continue reading Tanzania offers to buy stake in Uganda’s oil refinery
Product Report and News
Zambia to start live bond, derivatives trading
PAN Africa Exchange (PANEX) is next month expected to launch live trading in bond and derivatives in Zambia, company chief executive officer Jacob Maaga has said. PANEX is a fully electronic marketplace designed to trade bonds, equities and derivatives and … Continue reading Zambia to start live bond, derivatives trading