OJSC Belarusian Universal Commodity Exchange

Company Description

OJSC Belarusian Universal Commodity Exchange is established in accordance with the Law of the Republic of Belarus “On Commodity Exchanges”.GOALS, OBJECTIVES AND FUNCTIONSBelarusian Universal Commodity Exchange was established with a view: * to improve the mechanism of government regulation in the field of domestic and foreign trade; * to develop formal wholesale market; * to provide equal access to the market; * to give additional economic impetus to the agents of the market.Main objectives and functions of the Exchange’s activities: * creation of the most transparent system of bargaining on the principles of free pricing and auction according to the established rules; * exchange transactions registration; * determination of demand and supply; * quoting and its publication; * study of factors that influence the Exchange’s price movement; * creation of the Exchange’s infrastructure.