Agriculture Futures
Manage risk, facilitate price discovery, and capture market opportunities with PANEX Multi-currency harmonised clearing
Agricultural futures contracts are standardized according to the amount of commodity being bought or sold, the expected time and place of delivery, and quality of the product. The agricultural futures markets bring together buyers and sellers who have opposing price risks.
Sellers/farmers are worried about commodity prices falling, while buyers of coffee, maize or wheat are worried about prices rising. Both parties have the opportunity of locking into a future price by either buying or selling agricultural futures contracts.
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