Pakistan Mercantile Exchange Limited (PMEX) has announced a strategic investment in Naymat Collateral Management Company Limited (NCMCL), reinforcing its commitment to support the building of modern storage infrastructure for regulated commodity and agricultural markets in Pakistan.<\/p>\n
Pursuant to the Board of Directors of PMEX approvingthe investment for the acquisition andfollowing regulatory approval from the Securities and Exchange Commission of Pakistan (SECP), PMEX has acquired a majority stake, making NCMCL a subsidiary of the Exchange.<\/p>\n
This acquisition is expected to significantly enhance Naymat\u2019s capabilities in providing collateral management service and warehousing\u2014critical building blocks for developing efficient, transparent, and delivery-backed agricultural markets in Pakistan.<\/p>\n
The development comes at a pivotal time as PMEX accelerates its efforts to launch physically deliverable agricultural commodity futures trading. PMEX has listed key agricultural commodities including wheat, rice, sugar, and maize, aimed at creating a structured and regulated marketplace for these essential products.<\/p>\n
Commenting on the development, Mr. Khurram Zafar, CEO, PMEX, said: \u201cThe acquisition of NCMCL is a strategic step towards strengthening the infrastructure required for physically deliverable commodity markets in Pakistan. It will support the development of a more transparent, efficient, and secure ecosystem for participants across the agricultural value chain.\u201d<\/em><\/p>\n PMEX continues to work under the guidance and regulatory oversight of SECP to promote regulated commodity trading, transparent price discovery, and improved market access through robust and modern exchange infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":" Pakistan Mercantile Exchange Limited (PMEX) has announced a strategic investment in Naymat Collateral Management Company Limited (NCMCL), reinforcing its commitment to support the building of modern storage infrastructure for regulated … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":4392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[465],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/4691"}],"collection":[{"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/comments?post=4691"}],"version-history":[{"count":1,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/4691\/revisions"}],"predecessor-version":[{"id":4692,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/4691\/revisions\/4692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/media\/4392"}],"wp:attachment":[{"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/media?parent=4691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/categories?post=4691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bnews99.com.pk\/index.php\/wp-json\/wp\/v2\/tags?post=4691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}