Page 120 - MEX-Yearbook-2017

Reminiscing - 2017
January
21st January:
The 8th MEX Annual Awards - 2016 Distribution Ceremony was held at
Shangri-la Hotel with the objective of awarding the outstanding brokers of
2016. The event was graced by President of Rastriya Prajatantra Party &
Ex-Deputy Prime Minister, Mr. Kamal Thapa.
23rd January:
MEX Nepal launched a completely new derivative instrument for live
trading – OPTION, first of its kind in Nepalese Derivative Market.
February
1st February:
CEO of MEX Nepal, Mr. Jitesh Surendran, was invited to the induction
session of White House Graduate School of Management. Targeted
towards the fresh batch of MBA students, the topic was “Derivative
Markets - Scope & Limitations”. An interactive session also took place
where the participants took turns to put across questions related towards
the derivative market of Nepal.
3rd February:
With immense pride, MEX Nepal has renewed the membership of
Association of Futures Markets (AFM). Formally established in 1998,
AFM is a not-for-profit organization with a prime objective to promote and
encourage the establishment of new derivative and related markets. This
renewal proves once again that MEX Nepal is committed to work closely
with other exchanges on a global basis to bring the best in the international
arena to the domestic markets.
4th February:
MEX Nepal organized a Seminar on Commodity Market in Bidur,
Nuwakot. The training included the basics of the market and other aspects.
16th February:
National Planning Commission has incorporated the formation and
implementation of Act related to Commodity Derivatives Market in its
14th Plan. We acknowledge and appreciate the efforts of National Planning
Commission and wish the successful implementation of the plan. We
envision that Commodity Derivatives Market will definitely receive added
impetus.
17th - 19th February:
MEX Nepal participated in the Nepal Agritech International Expo
2017 which was held at Bhrikuti Mandap. With a view to promote the
agriculture sector of Nepal, the expo witnessed participation from various
other countries.
18th February:
MEX Nepal received a token of love at the Alfresco Open Art Exhibition
cum Competition 2017. The event was organized by Alfresco Media and
Management Pvt. Ltd. CEO of MEX Nepal, Mr. Jitesh Surendran accepted
the token from Mr. Shyam K. Shrestha, CEO of Alfresco Media and
Management Pvt. Ltd.
27th February:
CEO of MEX Nepal, Mr. Jitesh Surendran participated in the South Asian
Federation of Exchanges (SAFE) Workshop & Panel Discussion and also
the SAFE Executive Committee Board Meeting at Colombo, Sri Lanka.
Leaders from the South Asian capital markets were united in their call for
improved integration of regional markets as they shared their views on
the way forward for exchanges in South Asia. The views were expressed
by Chief Executives of Stock and Commodity Exchanges from around
South Asia.
119 | MEX NEPAL YEAR BOOK 2017
March
8th - 11th March:
Celebrating 20 Years of Cooperation and Friendship for the greater good of
Evolving Futures Markets in Emerging Countries, Association of Futures
Markets (AFM) organized its 20th Anniversary Conference at Buenos
Aires, Argentina. CEO of MEX Nepal, Mr. Jitesh Surendran was invited
and also shared his views on 2 panel discussions on the topic “Current
Status of the Soft Commodity Market” in MATba, Buenos Aires and
“What the Future Holds for the Industry?” in ROFEX, Rosario. Around
50 exchanges and regulatory bodies from around the globe marked their
presence on this momentous occasion.
14th March:
Given the magnitude of the importance of the organization’s role in the
overall functioning of the economy, MEX Nepal has always pledged to
uplift the status of the market participants with an assurance of qualitative
management. Keeping the pledge in mind, URS UK has recognized the
organization’s Quality Management System which complies with ISO
9001:2015 directives.
14th March:
MEX Nepal was honored and privileged by the gracious visit of Mr.
Amir Raza Khan, Vice President of Capital Markets Business Unit,
Lahore, Pakistan and his team. On behalf of MEX Nepal, Mrs. Sonu Jain,
General Manager and Mr. Narendra Pd. Bhatt, Deputy General Manager,
explained about the company and its operational mechanism. Mr. Khan
also shared experiences of his company and its plans of stabilizing stock
and commodity exchanges in the emerging markets.
27th March:
Finance Minister, Mr. Krishna Bahadur Mahara had submitted Commodity
Market Bill-2073 to the Parliament.
May
11th May:
Mr. Jitesh Surendran, CEO of MEX Nepal, was elected as the Vice
Chairman of the South Asian Federation of Exchanges (SAFE) for the
term 2017-2019 at the 13th General Assembly Meeting of SAFE held at
Bombay Stock Exchange, India. Being elected as the Vice Chairman of
SAFE, Mr. Surendran has proved his as well as MEX Nepal’s prominence
in Nepalese derivatives commodity market. This recognition has added
another feather in his cap as well as another milestone in the company’s
long list of achievements.
29th May:
Commodity Derivative Market Featured in Economic Survey 2073-74
June
21st - 22nd June:
MEX Nepal welcomed the dignitaries from Royal Securities Exchange
of Bhutan Limited (RSEBL) and Food Corporation of Bhutan Limited
(FCBL) to explore the possibility of listing Bhutanese products in our
platform. The two-day discussion evolved around various agendas
including the process and the logistics involved to meet the desired result.
July
30th July:
Commodity Market Bill was passed by the Parliament.