Pakistan Mercantile Exchange Limited (PMEX) is the country’s first and only demutualized commodity futures exchange, licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Based on sophisticated multi-dimensional infrastructure and state-of-the-art technology, PMEX offers a complete suite of services i.e. trading, clearing & settlement, custody as well as back office, all under one roof.

PMEX was formed in 2002 and started its operations in May 2007 offering a diverse range of domestic and international products across multiple asset classes. PMEX is a demutualized exchange and the shareholding is completely institution based.

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Core Values


We value a culture of merit, inclusion and equality where everyone is offered a level playing field to flourish regardless of their gender, family background, ethnicity, religion or any other prejudice.


Trust is the foundation of any relationship. Integrity to us is strengthening the trust of our stakeholders by ensuring that all stakeholders are treated equally and fairly. We therefore abide by the highest standards of ethics and veracity. We strictly believe in adhering to rules and procedures, religiously fulfilling our commitments and protecting the confidentiality of our clients’ information.


Speaking up for the betterment of the organization is encouraged at all levels as it leads to transparency and fosters participation and a sense of ownership among all the team members. At PMEX, we firmly believe that a collective decision is a better decision.


We believe that we are accountable to our stakeholders and therefore must remain transparent at all times. Our commitment to transparency and openness is vital for our success. Therefore, when it comes to doing business, we go the extra mile to be eminent. We welcome feedback, not only from our team members, but also from our business partners.


Respect for all signifies PMEX; it’s an all-encompassing attitude covering colleagues, regulators, shareholders, clients and all other elements of the environment we operate in. It is true that position in the hierarchy or an employee’s status may vary, but respect is constant for everyone.


We drive innovation in everything we do. With forward thinking approach, we challenge assumptions, embrace change and continuously search for creative solutions which bring value to our clients. In line with this perspective, we value creativity and ingenuity by encouraging out-of-the-box thinking and unconventional solutions making the impossible possible.


To build and develop PMEX capacity to satisfy the diverse needs of our customers, contribute towards shareholders equity and constantly endeavor to integrate national supply chains with domestic and international Product, Commodity and Financial markets through innovative financial products and instruments .

Creating state of the art trading and settlement platforms and infrastructure that engenders confidence, brings the domestic economic players to the Exchange platform thereby creating maximum economic value for our stakeholders and the country.


To be amongst the leading mercantile exchanges of the region extending from Istanbul to Jakarta in terms of knowledge, efficiency, innovation, value traded, credibility and standing.

International Affiliations

With the convergence of IT and telecommunication, geographical boundaries are losing relevance when it comes to foreign trade and investment. As the world is becoming a global village, business landscape has radically changed from competition to complementing each other and exploiting the comparative advantage. This requires greater interaction with business players both regionally and globally through trade associations.

Fully cognizant of this fact, PMEX has acquired membership of leading global associations. By actively participating at these forums, PMEX is not only keeping itself abreast of the new developments and policy issues affecting the business but also learning from the experiences of other members countries. At present, the Exchange is a member of the following international associations.

The Association of Futures Markets (AFM) promotes and encourages the establishment of new derivative and related markets and organizes international conferences in order to promote communication among members. PMEX joined the AFM as an Associate Member in March 2012. In February 2014, PMEX was granted a ‘Full Member’ status. Attaining this eminence allows the Exchange to play a proactive role in the formation of policies of the Association and represent Pakistan on its various bodies.

Memorandums of Understanding (MoUs)

PMEX is committed to developing strategic ties with international exchanges to explore new business opportunities and adopting best practices. In line with this objective, PMEX has signed Collaboration Agreements (CA) with the following international exchanges:

Borsa Istanbul
Izmir Commodity Exchange (ICE)
Uzbek Commodity Exchange (UZEX)
Iran Mercantile Exchange (IME)
Dalian Commodity Exchange (DCE)
Belarusian Universal Commodity Exchange (BUCE)

Under these pacts, PMEX will work together with these exchanges to share information, expertise and introduce staff training programmes to learn from each other’s best practices and experiences. Moreover, PMEX in association with the these exchanges will consider hosting joint events (such as conferences, seminars and workshops) with the common objective of improving the knowledge of capital markets in their respective countries.

Corporate Information

Registered Office Address

Head Office: 3B, 3rd Floor, Bahria Complex IV Ch. Khalique-uz-Zaman Road Gizri, Karachi – 75600, Pakistan.
UAN: 111-623-623
FAX: +92–21–35155-022

Branch Office

Islamabad: Office No. G-9(B) ISE Towers, Jinnah Avenue Blue Area, Islamabad, Pakistan.
Contact No: 051-2894003-4
Email Address:

Branch Office

Lahore: Office No. 3 mezzanine floor, Al Qadir Heights 1, Babar Block, New Garden Town, Lahore, Pakistan.
Contact No: 042-35752825-26
Email Address:

Company Registration, NTN & Status

Registration Number: 0043602
National Taxation Number:1457095-5
Status: Unlisted Public Limited Company’


Licence of a Futures Exchange under Section 5 of the Futures Market Act, 2016 by Securities & Exchange Commission of Pakistan
Date: November 21, 2017

Legal Advisors

MCAS&W Law Associates


Grant Thornton Anjum Rahman, Chartered Accountants

Website Certificate


Shareholders’ Information

PMEX Investor Grievances & Complaints

Please fill the
Investor Complaint Form

Contact Customer Support Services
UAN: 111-11-PMEX (7639)

Election of Directors

The shareholder directors were elected in May 2022 for a term of three years and the next election of the Board will be due after expiry of said term.

SECP Investor Complaints


Notice of Annual General Meeting

Proxy Form

Shareholding Pattern

Shareholder Shares Held % Holding
National Bank of Pakistan Limited 10,653,860 33.98%
Pakistan Stock Exchange Limited 8,909,052 28.41%
ISE Towers REIT Management Company Limited 5,568,181 17.76%
LSE Financial Service Limited 2,272,727 7.25%
Pak Brunei Investment Company 2,133,115 6.80%
Zarai Taraqiati Bank Limited 909,091 2.90%
Pakistan Kuwait Investment Company (Private) Limited 909,090 2.90%
Individuals 46 0.0001%
Total 31,355,162 100.00%