SMX Overview

Historically, markets have always been the true barometers of any economy. They reflect the level of economic activity and growth in the region.

Fuelled by massive foreign investment, Asia is home to majority of the world's population making it account for a major portion of the total demand for commodities over the coming years.

With a vision to create a new generation commodity & derivatives exchange in this golden age of Asia, SMX (Singapore Mercantile Exchange) is being established to offer a multi – product trading platform. SMX will act as an anchor to the hyper growth economies of Asia, reflecting the vibrant trade emerging out of Asia.

SMX is Asia’s first multi-product global commodity derivatives exchange. Offering a state of the art electronic platform for trading futures and options contracts, SMX aims to synchronise derivatives and physical trading in commodities within the Asian time zone, while offering new derivatives products necessary for effective risk management in the Asian region.

SMX is a wholly-owned subsidiary of Financial Technologies (India) Limited which has successfully established and currently manages 10 exchanges - five in India, and one each in Dubai, Singapore, Africa, Mauritius, and Bahrain and six ecosystem ventures.

The nation-state of Singapore has a super efficient financial and physical infrastructure at par with the best in the world. It’s proximity to the countries which are the largest producer and consumer of several commodities will enable price discovery and price setting of these commodities in Asia based on the demand-supply fundamentals in these region. Prices determined on SMX will serve as benchmark for commodities trading when the western markets open for trading.