GMBS3 13100 : 13100 | LUBPAA3 10472 : 110 | LUBPAA5 8368 : 119 | LUBPDD4 7141 : 137 | LUWL5 6912 : 33 | LWBP3 11079 : 11079 | LWBP4 9000 : 1000 | LWSD2 10500 : 300 | LWSD4 8500 : 8500 | RWPALG 13000 : 13000 | RWPALG 13000 : 13000 | WHGS2 18000 : 200 | WHGS2 17700 : 12 | WHGS3 17450 : 6 | WHGS3 17515 : 15 | WHGS4 16404 : 1 | BRDC3 3900 : 0 | SBASLG 3700 : 0





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Ato Misikir Geremew | Stand by General Trading


Ato Misikir Geremew, represents Stand by General Trading. He has been trading for ten solid years at the exchanges platform. Misikir said that before the establishment of ECX they were selling coffee in the very traditional trading system . The previous trading systems do not have a robust and articulated rules and regulations. Due to this, the trading system was full of pre and post trading problems. He added that they had to beg to sell the coffee. ‘’ Even after selling the coffee there was a lot of problems in delivering the coffee and receiving payment’’ Misikir said. ‘’It was in such time we heard the news of ECX establishment. Honestly speaking at first we feared to join the exchange. To the bet of my recollection, my first sale at ECX was one truck of Nekemt coffee and the buyer was a company named ‘Bagerish’’ He added. Thanks for ECX now we get our payment just after 1 day of Trading. Trust has been built between buyers and sellers. As a result, all the previous problems have been resolved. We no more beg buyers to buy our coffee.
 
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