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GMBSLG 2300 : 2300 | LUBP4 721 : 17 | LUBPAA2 1139 : 58 | LUBPAA3 1083 : 25 | LUBPAA4 888 : 4 | LUBPAA5 706 : 24 | LUBPDD5 600 : 200 | LUBPDD5A 600 : 52 | LUBPDD5B 565 : 5 | LUFRA5B 385 : 15 | LUJM5B 425 : 0 | LUWG5A 486 : 4 | LWBP1 1198 : 46 | LWBP3 1182 : 17 | LWJM1 1341 : 14 | LWSD1 1310 : 13 | UBM7 1085 : 52 | UBM9 922 : 7 | UBMUG 980 : 980 | UHRA3 1750 : 50 | UHRA3 1750 : 1750 | UHRA4 1705 : 23 | UHRB4 1620 : 20 | UHRB5 1547 : 6 | UHRC3 1610 : 1610 | UHRC4 1580 : 12 | UHRC4 1580 : 1580 | UIB6 1128 : 19 | UIB7 1088 : 29 | UJM6 1082 : 2 | UJM7 1077 : 72 | UKW6 1195 : 7 | WBMQ2 973 : 12 | WGDQ2 950 : 950 | WGJQ1 1406 : 5 | WGJQ1 1539 : 74 | WGJQ2 1328 : 12 | WKFQ1 1062 : 10 | WKFQ2 1017 : 17 | WSDAQ1 1461 : 70 | WSDAQ2 1302 : 9 | WSDC3 1040 : 1040 | WYCA3 1185 : 15 | WYCAQ1 1488 : 7 | WYCAQ2 1342 : 21 | RWPA4 1863 : 17 | RWPA5 1860 : 8 | RWPA5 1835 : 20 | RWPALG 1724 : 22 | RWPALG 1844 : 6 | RWPALG 1830 : 10 | RDSS2 4700 : 4700 | RDSS3 4700 : 70 | WHGS2 4498 : 13 | WHGS2 4512 : 53 | WHGS2 4548 : 34 | WHGS2 4611 : 11 | WHGS2 4485 : 33 | WHGS2 4503 : 245 | WHGS3 4499 : 32 | WHGS3 4498 : 66 | WHGS3 4542 : 28 | WHGS3 4579 : 16 | WHGS4 4480 : 33 | WHGS4 4494 : 6 | WWSS2 4305 : 5 | WWSS3 4300 : 42 | WWSS3 4308 : 6 | WWSS4 4200 : 350 | WWSS5 4001 : 1 | WWSS5 4100 : 100 | WWSSUG 4000 : 0
 
 
ECX Edges

The ECX design is unique in that it integrates the entire "eco-system" related to the market, spanning the central trading system, warehouse delivery centers, product grade certification, clearing banks, an arbitration tribunal, a market information system linking rural sites, remote electronic trading centers, and a secure data center to manage membership and market information. An over-arching legal framework and a government regulatory agency ensure the viability of this entire integrated environment. This integration enables a country such as Ethiopia, where none of the individual components may exist as stand-alone institutions, to mutually support and reinforce the ECX market objectives.

How ECX Works

The first of its kind in Ethiopia, ECX is a national multi-commodity exchange that provides low-cost, secure marketplace services to benefit all agricultural market stakeholders and invites industry professionals to seek membership enabling them to participate in trading.
ECX promotes and enables the following market services:

Market integrity, by guaranteeing the product grade and quantity and Operating a system of daily clearing and settling of contracts.
Market efficiency by operating a trading system where buyers and sellers can coordinate in a seamless way on the basis of standardized contracts.
Market transparency by disseminating market information in real time to all market players.
Risk management by offering contracts for future delivery, providing sellers and buyers a way to hedge against price risk.

 
 
Wondimagegnehu Negera
Chief Executive Officer
Wondimagegnehu Negera joined ECX in 2017 and is currently Chief Executive Officer of ECX. Major prior experiences include working for more than fourteen years in different institutions including the Oromia Regional State, Cooperative Bank of Oromia and the Commercial Bank of Ethiopia in the capacities of Cabinet Member and Head of Trade and Market Development Bureau, President and Vice President; respectively.
 
Corporate Entity

ECX is established as a demutualized corporate entity with clear separation of Ownership, Membership, and Management. Thus, owners cannot have trading stake, members cannot have ownership stake, and the management can be neither drawn from the owners nor from the members.
ECX is designed as a public-private partnership enterprise, in a unique institutional innovation for Ethiopia. At its inception, ECX is promoted by the Government of Ethiopia. At the same time, ECX offers the sale of Membership seats, which are privately owned, permanently and freely transferable rights to the stream of earnings from trading on the Exchange.
As Owner, the Government of Ethiopia underwrites all performance risk of the Exchange related to the Exchange operated or appointed warehousing and grading of product, trading system, market information dissemination, and clearing and settlement. Members, for their part, are liable for contract performance on their own trades as well as of their Associates and Authorized Representatives.
The corporate governance of ECX maintains a healthy balance of owner and member interests. Thus, the Management Board is composed of Owner representatives and 5 Member representatives.

 
  1. Proclamation to Establish the Ethiopian Commodity Exchange Authority No.551/2007
  2. Proclamation to Establish the Ethiopia Commodity Exchange No:550/2007
  3. Rules of the Exchange
  4. Rules Amendment No 6 2012 Eng v approved by the Authority on April 26 2012
  5. Rules Amendment No 7 2013 Eng v approved by the Authority on February 08 2013
H.E. Ato Sani Redi | Board Chairman
H.E Ato Tesfaye Mengiste | Board Memeber
H.E. Ato Getachew Negash | Board Member
H.E. Ato Zekarias Erkola | Board Member
H.E. Ato Mulugeta Alemayehu | Board Member
H.E. Ato Kassahun Hailemariam | Board Member
H.E. Ato Hussien Agraw | Board Member
H.E. Ato Zerihun Kamiso | Board Member
H.E. Ato Kassahun Bekele | Board Member
Ato Abdela Bagersh | Board Member