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Location
Tehran, Iran
Web site
Founded
2007
AFM Member since
2008
Management
Dr. Hamed Soltaninejad – Managing Director
AFM Contact Person
Mohammadreza Tahmasbi
Type of Institution
Mercantile exchange
Trading or service
offering
Iran Mercantile Exchange is the operator of a spot (physical) and derivatives market.
Main products
Spot market:
• Polymers
• Plastics
• Chemicals
• Bitumen
• Ferrous and non-ferrous metals
• Minerals
• Gold
Derivatives:
• Gold coin futures and options
Other financial instruments:
• SALAM contracts
• Warehouse warrants (CDR)
Market capitalisation
(USD)
USD 14 billion in 2016
Exchange partnerships
Signing MOUs with BUCE, PMEX and ICDX
Memberships
• FEAS
• WFE (affiliate member)
Regulatory bodies
The Securities and Exchange Organization
General market
information
In IME spot market transactions based on single-seller and multi-buyer auctions account for 45%
of the total market value. The futures and options trading value comprised 40% of total trading
value in 2016. The new SALAM forwards and CDR contracts instruments in IME account for the rest
of the market value. SALAM bonds provide finance for industries offering products including steel,
iron ore, polymers and grains.
Iran Mercantile Exchange
