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Location
Sofia, Bulgaria
Web site
Founded
• 1991 as a non-profit organisation
• 1997 registered under the Commodity Exchange Act as a JSC
AFM Member since
• 2005 Associate
• 2008 Full member
Management
Vassil Simov, CEO
AFM Contact Person
• Simeon Elazarov
• Tanya Panayotova
Type of Institution
Commodity Exchange
Trading or service
offering
Spot market with physical delivery, futures only on grain contracts
Main products
• Grains (e.g. wheat, corn ,barley, sunflower)
• Foodstuffs pit (e.g. sugar, oil, flour, beans, meat, rice)
• Non-foodstuffs pit (e.g. raw materials, metals, fuels and energy resources, chemicals and
products, wood material)
Market capitalisation
(USD)
Total equity and liabilities in 2015:
USD 4,829,000
Exchange partnerships
Information and data exchange in the Balkan region with:
• Romania
• Turkey
• Serbia
• Macedonia
Memberships
• AFM
• World Exchange Congress (2006)
Regulatory bodies
State Commission on Commodity Exchanges and Wholesale Markets –
General market
information
SCE operates under the Commodity Exchange and Wholesale Markets Act, which has serious
restrictions on the contracts that can be traded e.g. options, electricity and derivatives are not allowed.
The commodity exchange does not have a major impact on the national market, acting mainly as
a spot market and providing analytical information about international and domestic markets for
media, different organizations and trading companies.
Sofia Commodity Exchange JSC
