SPIMEX supports the following trading modes:
- Double-sided auctions.
It’s the main mode on the Petroleum Products Section where buyers and sellers place their orders anonymously via the SPIMEX electronic trading system, i.e. traders’ IDs are concealed.
- Negotiated trades.
This mode allows traders to close deals privately with a specific counterparty on previously agreed terms.
- Single-sided auctions.
This mode features either a single seller (and multiple buyers) or a single buyer (and multiple sellers).