MEX Nepal is a fully automated electronic exchange, where there is no physical trading floor. The Exchange is controlled through a centralized platform which is connected with different ‘client’ front-ends called MEXNTrader. All trades are done through MEXNTrader.
All trades are done through the Exchange Members (Clearing Members) and their affiliates i.e. Non-Clearing Members. Only the Exchange Members can clear with the Exchange and the non-clearing members act as intermediates between the members and clients.
MEX has currently 72 members. MEX is planning to introduce trading in local commodity in near future.
Read more about this topic: Mercantile Exchange Nepal Limited
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