Tehran, Iran
Abbreviation
IRENEX
Location
Tehran, Iran
Region
Asia
Product Types
Energy
The Iran Energy Exchange (IRENEX), supervised by the Iranian Securities and Exchange Organisation (SEO), is Iran's regulated marketplace for energy carriers. Established in 2012, IRENEX facilitates the trading of crude oil, petroleum products (gasoline, gasoil, fuel oil, naphtha), electricity, natural gas, and petrochemical products within Iran's domestic market. As Iran is one of the world's largest holders of oil and natural gas reserves, IRENEX plays a critical role in Iran's domestic energy price-discovery system, operating alongside the Iran Mercantile Exchange.
Asia Pacific Exchange (APEX) is a Singapore-based commodity futures exchange launched in 2017, primarily backed by Dalian Commodity Exchange (DCE) of China. APEX was established to provide an internationally accessible derivatives market for commodities relevant to South and Southeast Asian trade flows. Its initial products focus on rubber and iron ore futures. APEX is regulated by the Monetary Authority of Singapore (MAS) and aims to serve as a bridge between Asian commodity producers and global financial markets.
The İzmir Commodity Exchange (İzmir Ticaret Borsası, İTB) is one of Turkey's oldest and most important commodity exchanges, established in 1891. Located in İzmir on the Aegean coast, the exchange is the primary trading venue for key Turkish agricultural exports including cotton, dried figs, dried apricots, raisins, and olive oil. İTB plays a central role in setting benchmark prices for Turkish agricultural produce, serving as a price-discovery centre for domestic and export markets.
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.
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.