MarketIran Mercantile Exchange
Company Profile

Iran Mercantile Exchange

The Iran Mercantile Exchange is a commodities exchange located in Tehran, Iran. Established on 20 September 2007 from the merger of the Tehran Metal Exchange and the Iran Agricultural Exchange, IME trades in agricultural, metal and mineral, oil and petrochemical products in the spot market and gold coin in the futures market.

Commodities
IME facilitates the trading of commodities and products through its markets. '''IME's Listed Commodities on Different Trading Floors''' ==Products==
Products
IndustrialSteelAluminumCopperGold BarZincLead • Precious Metals • Nickel • Industrial & Mineral (including cement) Petrochemicals & Oil by-productsBitumen • Chemical • PolymersSulfurBase OilLube Cut AgriculturalGrains Group: various kinds of corn, grain, wheat, rice, bran • Dried and Trans Products: various kinds of pistachio, date, raisins, saffron, cumin, tea, sugar • Oil Meals and Seeds Group: various kinds of oily seeds like soybean and oil cake seeds like soybean, colza, cotton seed, sunshade, Safflower cake, corn, palm • Cereals Group: pea, lentil • Frozen Chicken ==New products==
New products
In 2016, IME introduced gold futures and options (as hedging tools). ==Supervision and regulation==
Supervision and regulation
The Securities and Exchange Organization (SEO) is the sole regulatory entity for the regulation and development of the capital market in Iran. In 2013, Iran Mercantile Exchange joined the Federation of Euro-Asian Stock Exchanges (FEAS) as an observer member. ==Tradable contracts==
Tradable contracts
Spot contractForward contract • Contract on Credit • Futures contract (since 2008) • Options contract ==Trading system==
Trading system
Trading in IME is based on open outcry auction using electronic trading platform, an interaction of bids and offers made by the buying and selling brokers. ==IME Statistics==
IME Statistics
1 Due to the reclassification of "cement" under "manufacturing and mining products", figures for 2010/11 have been revised. Previously, "cement" was classified under "oil and petrochemical products". ==References==
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