Hong Kong
Abbreviation
HKMEx
Location
Hong Kong
Region
Asia
Product Types
Gold, Silver
The Hong Kong Mercantile Exchange (HKMEx) was an electronic commodity derivatives exchange established in 2008, launching trading in 2011. It offered USD-denominated gold and silver futures contracts designed to serve as a bridge between the Western and Asian precious metals markets, taking advantage of Hong Kong's position as a global financial hub. HKMEx surrendered its FINI licence and ceased operations in May 2013 following regulatory investigations and trading irregularities.
ICE Futures Abu Dhabi (IFAD) is a regulated commodity derivatives exchange launched in 2021 by Intercontinental Exchange (ICE) in partnership with ADNOC (Abu Dhabi National Oil Company) and nine leading global energy market participants. IFAD's flagship product is the Murban crude oil futures contract, which was designed to become the world's first freely traded Murban crude benchmark, enabling global market participants to hedge against the Middle East's largest crude oil grade.
Universal Commodity Exchange (UCX) is an Indian commodity exchange offering futures and derivatives contracts in agricultural commodities, energy products, and precious metals. UCX operates as one of India's smaller national commodity exchanges, providing an additional venue for commodity price discovery and hedging alongside the larger MCX and NCDEX exchanges. The exchange is regulated by SEBI (Securities and Exchange Board of India).
The Shanghai Gold Exchange (SGE), established in 2002 under the People's Bank of China, is the world's largest physical gold exchange by delivery volume. SGE is the primary platform for spot gold and silver trading in China, setting the Shanghai Gold Benchmark Price (SHAU) twice daily in Chinese yuan, which serves as a domestic pricing reference. Products include gold slab, gold ingot, gold bars, and silver spot contracts. The International Board of SGE (SGEI), launched in 2014, allows overseas institutions to trade gold in yuan, furthering RMB gold market internationalisation.
The Bombay Stock Exchange (BSE), founded in 1875 as the Native Share & Stock Brokers Association, is Asia's oldest stock exchange and one of the world's largest by number of listed companies. While primarily an equity and debt exchange, BSE offers commodity derivatives including base metals, agricultural products, energy, and precious metals via BSE's commodity segment. BSE is headquartered in Mumbai's financial district and is regulated by SEBI. It lists over 5,500 companies and provides critical infrastructure for India's capital markets.