Commodity exchanges all around the world are considered one of the most important institutes of commerce which ensure effective promotion of goods and have a number of key advantages over the intervention and trading companies.
“Silk Way Universal commodity exchange” Joint-stock company (SWMEX) was created with the aim to unite commodity markets of Europe and Asia and to administrate the single electronic system which would become a single electronic exchange platform with equal access of all countries, as well as to ensure multilateral trades with all necessary instruments of marketplace trading.
“Silk Way Universal commodity exchange” is the structure of the Financial & Banking Association of Euro-Asian Cooperation (FBA EAC) and a recognized successful entity that contributes a lot to the social and economic development of the whole Kazakhstan, clearly demonstrates its competitive advantages and positions itself as a reliable partner on the international arena, encourages its clients for the best results. Our exchange has all necessary instruments of successful marketplace trading including a modern electronic platform according to the legislation of Kazakhstan. Thus our clients can trade with partners in any part of the world. At the same time the exchange is always improving its services, introducing new technologies to reduce transaction expenses of its clients.
Today more than 25 broker firms are accredited at the exchange, there is a representative office in Russia. The exchange is located in the center of Astana. Equity capital amounts to $2.8 million. More than 40 customers of Kazakhstan work with us including “SAS-Tobe Technologies”, “STT Cement”, JSC “Kaztechnologies”, Unitary Enterprise based on the Right of Economic Management “Karabulakzhylu”, Public Agency of energy and municipal housing of Almaty Region, Public Agency of fire and rescue fighting of the Department of Emergency Services of Almaty Region of CES MIA KZ, Public Agency of the Administration of Eskeldy Region, Department of Education of Zhualy Region, Department of Education of Mojynkum Region.
This post is also available in Russian: Универсальная товарная биржа "Шёлковый путь"