GMBS2 0 : 3287 | GMBS3 0 : 0 | GMBS3 0 : 0 | LUBPAA2 1905 : 99 | LUBPAA3 1720 : 67 | LUBPAA4 1555 : 37 | LUBPDD5 1063 : 58 | LUWL3 1450 : 44 | LUWL5 1179 : 154 | LWBP2 2178 : 28 | LWJM1 1560 : 125 | UBM8 1450 : 0 | UBM9 1423 : 2 | UBMUG 1405 : 10 | UGJQ1 2650 : 150 | UHRA4 2751 : 46 | UHRA5 2611 : 53 | UHRB4 2501 : 46 | UHRB5 2390 : 5 | UIB6 1680 : 1 | UIB6 1654 : 16 | UIB7 1623 : 4 | UIB7 1605 : 11 | UJM7 1599 : 9 | UKF6 1710 : 35 | UKF8 1477 : 22 | UKWQ2 1950 : 4 | USDE5 1700 : 1700 | USK9 1420 : 5 | UYCAQ1 2600 : 0 | RWPA4 0 : 0 | RWPA5 0 : 0 | WHGS2 0 : 0 | WHGS2 0 : 4484 | WHGS2 0 : 0 | WHGS3 0 : 0 | WHGS3 0 : 0 | WHGS3 0 : 0 | WHGS3 0 : 0 | WHGS4 0 : 0 | WHGS4 0 : 0 | WHGS4 0 : 0 | WHGSUG 0 : 0 | WHGSUG 0 : 4508 | WWSS4 0 : 0 | WWSS5 0 : 0 | CRKCA2 1930 : 1930 | CRKCA3 1930 : 1930 | SBAS2 0 : 0 | SBAS3 0 : 0 | SBAS4 0 : 0 | SBGJ2 0 : 0 | SBGJ3 0 : 0 | SBGJ4 0 : 0 | SBGJLG 0 : 1425 | SBGOLG 0 : 0 | SBSH3 0 : 0 | SBSH4 0 : 0 | SBWOLG 0 : 0


ECX’s establishment is founded on Proclamation No. 550/2007. This proclamation mandates ECX to develop its own rules for the governance of its various operations. Further, the Ethiopia Commodity Exchange Authority (ECEA) a regulatory body of the ECX was established by Proclamation 551/2007.

The Rules of the Exchange developed by ECX provide the blueprint for all rules governing membership, management, trading, warehousing, clearing and settlement, and other operations of ECX, in addition to the conduct of its members. ECX maintains a careful approach to monitoring and tracking the adequacy and performance of its members, as well as their behavior vis-à-vis their clients in the market. In line with global best practices, ECX experts regularly conduct surveillance on market trends as well as conducting audit and investigations on market operations to protect the market from manipulation, excessive speculation, fraud, or other malpractice.

AUTHORITY DIRECTIVES

The Ethiopian Commodity Exchange Authority has the powers and duties to extend recognition and oversight of Exchange Actors (Members and their representatives), recognition and oversight of Clearing Institutions (domestic banks or other financial institutions engaged in clearing and settlement of payments), oversight of the Rules of the Exchange and regulation of Exchange-traded contracts, as well as regulation of the conduct of investment advisors, consulting companies, law practices, accounting and audit professionals, as this conduct relates to ECX business. In addition, the ECEA has the power to investigate wrongdoing and adjudicate cases falling under its jurisdiction or to refer criminal cases to the appropriate court. As part of its oversight, the Authority issues Directives regarding the various key areas.