Commodities and Metal Exchange Nepal has many firsts to its credit - the first structured new generation exchange befitting an ever-evolving nascent market place established since 2006, to provide world class on-line service based on Futures Trading of permitted commodities with efficient Clearing and guaranteed settlement to ensure continual improvement of customer services and remain quality leader amongst all commodity exchanges .
The team is managed by entrepreneurs committed towards revolutionizing the commodity derivative market in Nepal by working closely with the government officials on set regulations . The goal is to ultimately empower the participants through education, technology and innovative product offering with a mission to:
Comen recently launched the COMEN-TRADER Transform 4.0.1, an application through which members and clients access their trading platform, providing a market picture to the clients’ of their bids and in depth analysis of the market. The bids are matched according to time/price preference and executed instantly on real-time prices.
The platform is designed to provide high availability for all critical components which guarantees continuous availability of trading facilities. The technology infrastructure that the Exchange has, along with its with rapid customization and deployment capabilities enables it to operate efficiently with fast order routing, immediate trade execution, trade reporting, real-time risk management, market surveillance and market data dissemination with sophistication and automated Risk Management System that reduces human intervention to minimum and creates alerts based on pre-defined parameters for risk management. This provides comfort to the market participants at all times regarding the financial integrity and transparency of the marketplace.