Benefits of SMX

SMX delivers to its market participants all potential macro and micro benefits that an international multi-product exchange can offer.

Market Transparency
Trade transparency is consistent via the electronic matching of bids and offers based on price-time priority. SMX uses advanced technology and systems specially created for today’s commodities and derivatives markets.

Price Discovery
Price discovery is more reflective of demand and supply fundamentals for commodities consumed or produced in large quantities in Asia.

Price Benchmarking
Benchmarks for commodity prices are available for other global markets opening throughout each day.

Counterparty Guarantee
Clearing and settlement of all SMX Contracts are guaranteed through a Central Counterparty – the SMX Clearing Corporation (SMXCC) – which is governed by the regulator of Singapore’s financial markets, the Monetary Authority of Singapore (MAS).

Price Risk Management
Producers and traders of commodities can rely on SMX for a well-adjusted hedging mechanism which matches their risk reduction needs.

Single Window For Multiple Products
SMX is an exchange based in one location but offering trading across multiple time zones for multiple product types and derivative asset classes within the convenient framework of a financial and technological hub.

Time Zone Convenience
SMX synchronises commodities trading and their related derivatives, vastly reducing time gaps between physical and hedging activity.

Multiple Connectivity Options
Access to the SMX trading platform is possible via leased lines, dial-up solutions, multi-protocol label switching, the internet (either using SMX native front-end solutions or front-ends developed by independent software vendors otherwise known as ISVs), or directly through Members’ own technology departments using financial information exchange protocol (otherwise known as FIX).