GMBS3 8139 : 66 | LUBPAA2 3758 : 111 | LUBPAA3 3479 : 58 | LUBPAA4 2832 : 179 | LUBPAA5 2574 : 23 | LUBPDD4 2535 : 55 | LUBPDD5 2000 : 50 | LUWL5 2305 : 405 | LWBP1 4509 : 298 | LWBP3 3569 : 299 | LWJM1 3439 : 16 | UBM3 3390 : 0 | UBM4 3074 : 0 | UBM5 2919 : 0 | UBMQ2 3424 : 0 | RKBSA3 2900 : 14 | RKBSA4 2200 : 0 | RKBSA4 2700 : 2700 | RWPA3 3757 : 2 | RWPA4 3673 : 2 | RWPA5 3584 : 3 | RWPA5 3584 : 6 | RWPA5 3584 : 3 | RWPALG 3410 : 2 | RWPALG 3410 : 2 | WHGS2 7921 : 6 | WHGS2 7921 : 6 | WHGS2 7921 : 6 | WHGS3 7747 : 5 | WHGS3 7747 : 5 | WHGS4 7573 : 5 | WWSS4 7506 : 11 | WWSS5 7253 : 5 | BRDC3 3900 : 0 | SBGJ3 4300 : 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.