SPIMEX Joints the World Federation of Exchanges as an Affiliate

SPIMEX has become an Affiliate of the World Federation of Exchanges, one of the world’s largest trade associations of exchanges. The London-based WFE was founded in 1961 and today its members include more than 60 exchanges from Europe, Asia, Africa and the Americas.

The Affiliate status will facilitate information exchange between SPIMEX and WFE including exchange of market data, information bulletins, etc. Representatives of SPIMEX will get access to conferences, seminars, meetings and other events arranged by WFE.

Saint Petersburg International Mercantile Exchange (SPIMEX) is the largest Russian commodity exchange which offers a wide range of products traded both in its Commodities Sections (refined products, crude oil, natural gas, LPG, timber and construction materials) and in its Derivatives Section. The Exchange’s key task is operating a transparent price formation mechanism to ensure fair prices for the commodities produced in Russia. SPIMEX was incorporated in 2008.

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