UrduPakistan Mercantile Exchange Limited (PMEX) is the country’s first and only demutualized commodity futures exchange, licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Based on sophisticated multi-dimensional infrastructure and state-of-the-art technology, PMEX offers a complete suite of services i.e. trading, clearing & settlement, custody as well as back office, all under one roof.
View Corporate ProfilePMEX was formed in 2002 and started its operations in May 2007 offering a diverse range of domestic and international products across multiple asset classes. PMEX is a demutualized exchange and the shareholding is completely institution based.
Core Values
Merit
We value a culture of merit, inclusion and equality where everyone is offered a level playing field to flourish regardless of their gender, family background, ethnicity, religion or any other prejudice.
Integrity
Trust is the foundation of any relationship. Integrity to us is strengthening the trust of our stakeholders by ensuring that all stakeholders are treated equally and fairly. We therefore abide by the highest standards of ethics and veracity. We strictly believe in adhering to rules and procedures, religiously fulfilling our commitments and protecting the confidentiality of our clients’ information.
Candor
Speaking up for the betterment of the organization is encouraged at all levels as it leads to transparency and fosters participation and a sense of ownership among all the team members. At PMEX, we firmly believe that a collective decision is a better decision.
Transparency
We believe that we are accountable to our stakeholders and therefore must remain transparent at all times. Our commitment to transparency and openness is vital for our success. Therefore, when it comes to doing business, we go the extra mile to be eminent. We welcome feedback, not only from our team members, but also from our business partners.
Respect
Respect for all signifies PMEX; it’s an all-encompassing attitude covering colleagues, regulators, shareholders, clients and all other elements of the environment we operate in. It is true that position in the hierarchy or an employee’s status may vary, but respect is constant for everyone.
Innovation
We drive innovation in everything we do. With forward thinking approach, we challenge assumptions, embrace change and continuously search for creative solutions which bring value to our clients. In line with this perspective, we value creativity and ingenuity by encouraging out-of-the-box thinking and unconventional solutions making the impossible possible.
Mission
To build and develop PMEX capacity to satisfy the diverse needs of our customers, contribute towards shareholders equity and constantly endeavor to integrate national supply chains with domestic and international Product, Commodity and Financial markets through innovative financial products and instruments .
Creating state of the art trading and settlement platforms and infrastructure that engenders confidence, brings the domestic economic players to the Exchange platform thereby creating maximum economic value for our stakeholders and the country.
Vision
To be amongst the leading mercantile exchanges of the region extending from Istanbul to Jakarta in terms of knowledge, efficiency, innovation, value traded, credibility and standing.
