GCMX SPOT
Trading Platform. Trading Platform.
Trading Platform.
Trading Platform.
Get the best experience from our expert brokers, dealers and more.
You can trade on the GCMXchange's spot and otc exchange.
What's cooler than
GCMXchange? Digital Trade
Facilitator.
Digital Trade
Facilitator.
Facilitator.
- PaddyPADKN01Good paddy must be free of contaminants that can reduce milling efficiency, lower the qualiaty of the final product.₦1010000-2.1
- MaizeMAZKN01The maize should consist mainly of whole, plump, and clean grains.₦470000-1.7
- MilletMLTYB02Contains good quality protein with a higher content of essential amino acids compared to common cereals.₦4090003.1
A licensed intermediary who facilitates trades between buyers and sellers on behalf of their clients.
Roles:
- Register and onboard traders after KYC/AML checks.
- Execute trades on the Spot Market and ensure transactions are in line with SEC rules.
- Provide advisory services on pricing, volumes, and trade timing.
- Submit contract notes to GCMX for audit and compliance.
A trading member who buys and sells commodities for their personal or company account without necessarily acting on behalf of others.
Roles:
- Participates directly in the OTC market.
- Provides liquidity by consistently bringing commodities to or buying from the exchange.
- Adheres to market conduct rules and contract performance requirements.
- Engages in physical delivery of commodities through GCMX-certified warehouses.
An institutional or corporate entity that actively buys and sells commodities for proprietary trading or on behalf of its clients.
Roles:
- Provide liquidity in larger volumes compared to brokers or merchants.
- Operate under SEC-approved dealer status.
- Engage in hedging, arbitrage, and bulk transactions to stabilise supply and demand.