Commodity exchange “Kyiv Mercantile Exchange” was founded in July, 2001. In September, 2017 KME entered the market with a new name, modern approach and ambitious development plan. CE KME’s main sphere of activity is organization of exchange-traded commodity market in Ukraine.
The Company plans to implement and use all modern exchange trade tools, such as bilateral auction (the so called “order book”), anonymous orders, “delivery versus payment” principle, etc.
To provide the realization of these tools KME created a separate legal entity – “Kyiv Board of Trade” LLC, which functions as a central counterparty, which takes part in every transaction.
The main goal of KME is the creation of up-to-date commodity market, formation of a transparent pricing mechanism for producers, enhancement and simplification of communication between manufacturers and end-users.
Commodity exchange company data.