Page 3 - MEX Express - Vol 15

www.mexnepal.com MEX NEWS PORTAL Volume: 5 • Issue: 3 • Year: 2013 A.D

Complete migration of all our valuable brokers MEX Nepal crosses the Extraordinary Milestone
in Nepalese Commodity Market
On 1st July, 2013, all active brokers under Axis Broking Solution Pvt. Ltd. have
successfully been migrated to the New Software & Business Model. On 8th July, 2013 MEX Nepal proudly announce the great achievement of having 11, 19,811 contracts of
all active brokers under Himalayan Commodity Brokers Pvt. Ltd. have been migrate cumulative trade volume in its trading platform as of May, 2013. This would not have
to the New Software and Business Model. On 22nd July, 2013, all the remaining brokers been possible without the continuous support and dedication from our stakeholders and
were migrated to the New Software and Business Model. associates.

Hence in high spirits, MEX congratulates and express deepest gratitude to the entire
eco-system of Nepalese Commodity arena.

Introduction of AX1 MEX Broker Manager MEX Nepal on Katipur Television
Console
MEX Nepal had sponsored “Bazar” Section airing at the television program entitled
After the successful migration and launch of AX1 and commencement of the Live “UDHYAM” from Nepal’s leading broadcasting channel KANTIPUR TELEVISION
“AX1 MEX Trader”, on 17th July, 2013 MEX Nepal had introduced AX1 MEX Broker for 5 Episodes. In these 5 Episodes basically, we have covered our 5 different brokers
Manager to empower our valuable brokers. namely:

1. Expedient Securities Pvt. Ltd.
2. Money Plus and Securities Pvt. Ltd.
3. Jambhala Investment Pvt. Ltd.
4. Norex Pvt. Ltd.
5. Simrik Investments Pvt. Ltd.

Market in your POCKET Micro Trades for Micro Investors

MEX Nepal has launched its AX1 MEX Trader - version for iPhone/iPad. This will MEX Nepal introduces Micro Gold and Micro Silver for trading in its platform
help our valuable traders to manage their trading activities in the palm of their hand. This effective from Monday, September 23, 2013 owing to the overwhelming trading demand
new application can be downloaded from App store where user can find the application for Gold and Silver. The contract size of Micro Gold is 10 grams and the initial margin
by typing “mexnepal” in the search option. For users to practice & get accustomed, for the product is set at Rs. 1,000. The trading hours for this contract is 00:00–02:45 and
DEMO Version of the same was launched on 29th August, 2013. After successful launch 03:45-00:00. Moreover, there would be six contracts available in a year. The contract
of DEMO Version, LIVE Version of the same was launched on 16th September, 2013. size of Micro Silver is 25 grams and the initial margin for the product is set at Rs. 750.
The trading hours for this contract is 00:00–02:45 and 03:45-00:00. Moreover, there
would be five contracts available in a year.

Star Grading of MEX Nepal has evaluated its Brokers for Star Grading-2013 on basis of “Good infrastructure and Overall business operation and
our Brokers – 2013 management”. This time our 20 Brokers are listed as Three Star, 13 Brokers are listed as Two Star, 12 brokers are One Star and 13
Brokers as New Brokers.

MEX Nepal: Top 5 Nominees in 2 categories for the Prestigious FNCCI National Excellence Award 2070

Mercantile Exchange Nepal Limited has attained another feather in its cap by becoming the first commodity exchange in Nepal to have been
nominated in the top 5 for the FNCCI Awards for Excellence in 2 categories. There were numerous companies which had competed for the
award and the companies were evaluated on various criteria’s. MEX Nepal was nominated amongst the top 5 for the FNCCI Award for
National Excellence, i.e. the apex award, and the FNCCI Award for Services Excellence, in the medium category.

MEX Adds NIBL as its MEX Nepal, to cater better and more enhanced banking transactions for trading purpose and to fulfill the needs of its Brokers & Clients,
3rd Designated Bank happily announces “Nepal Investment Bank Limited” as its 3rd designated Banking Partner starting from 26th September, 2013. In
an attempt to ease choice of banks to Members, Brokers & Clients in the market, MEX Nepal has added up one more Banking Partner
after Laxmi Bank and Bank of Kathmandu. MEX Nepal will continuously work to flourish this endeavor and satisfy the demands of its
Members, Brokers & Clients in the market. Now, brokers willing to transact through NIBL can open required bank account and allow
the clients to do trade transactions through NIBL.

Visit from Delegates of Royal Securities Exchange of Bhutan Ltd. & Governor of the Royal Monetary
Authority of Bhutan in MEX Nepal!

An entourage from Royal Securities Exchange of Bhutan Ltd. along with the Governor of the Royal Monetary Authority of Bhutan, comprising
a panel of 10 Delegates from the Kingdom of Bhutan visited MEX Nepal on 27th September 2013 to comprehend the workings of a commodity
exchange. The dignitaries included the Governor of the Royal Monetary Authority of Bhutan, Mr. Daw Tenzin and the CEO of Royal Securities
Exchange of Bhutan Ltd., Mr. Dorji Phuntsho. The program included a presentation, which furnished details relating to the various aspects of the
commodity exchange, the obstacles and the future plans of the exchange amidst the challenges involved. There was a comprehensive discussion
session initiated by the CEO of MEX Nepal with conversations enveloping the intricacies relating to the various aspects of the commodity
market and huge scope for mutual interaction, corporation and sharing between the entities was found possible during the interaction.

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