Currency Futures
Manage risk, facilitate price discovery, and capture market opportunities with PANEX Multi-currency harmonised clearing
PANEX offers active traders, portfolio managers, proprietary trading groups and corporations with access to exchange traded currency futures (foreign exchange or FX futures) markets an alternative venue or liquidity source for their over-the-counter foreign currency (spot) transactions.
Unlike their over-the-counter foreign currency counterparts, FX futures are traded on the PANEX exchange platform. PANEX offers all African currency futures which will become the largest regulated foreign exchange marketplace in Africa.
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