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Middle East and West Asia Commodity Exchanges

THIS DATE DATES BACK TO 1602 AD

The Chicago Mercantile Exchange is the first commodity exchange in the modern sense to include cash and futures markets, dating back to the 19th century; That is, almost two centuries after the establishment of the first stock exchange market in the Netherlands!The first stock exchange in Turkey was established in rye, under the siege of Kutya region, in the last years of 200 AD, by order of the Roman emperor Diolletian

For a long time, the Dubai Stock Exchange (DME) was the only price market in West Asia

Of the 22 major commodity futures exchanges, 10 are located in Asia, and in African and Latin American countries there are examples such as the South African Futures Exchange, the Johannesburg Stock Exchange, and the Brazilian Commodity and Futures Exchange.

Commodity exchange is a market in which multiple sellers and buyers trade related commodity contracts based on the rules and procedures of the exchange. 

In developed countries and many developing countries, such exchanges usually act as a platform for futures trading or standard futures contracts (futures contracts). In other developing countries, commodity exchanges may operate in a variety of ways to stimulate commodity trading.

The Dubai government recognized the importance of commodity trading and established the Dubai Commodity Center in 2002 to build the infrastructure needed by commodity market participants and to establish the region's first commodity exchange. 

The Dubai Gold and Commodity Exchange is a fully automated exchange that trades derivative contracts for a wide range of commodities. The exchange currently trades futures for gold, silver, and foreign currencies. 

Trading starts at 10 am Greenwich Mean Time and continues until 9.30 pm. All transactions on the Dubai Gold and Commodity Exchange are in US dollars. The Dubai Gold and Commodity Exchange reflects the Dubai government's desire to host a global market and create a hub for financial and commodity markets in the Middle East.

The Dubai Commodity Exchange (DME) owes much of its reputation to energy carriers, and since 2007 has been one of the most important official energy markets in Asia, and more precisely in the Eastern World. However, with the opening of the Shanghai Energy Exchange, part of the market's reputation has changed. For a long time, the Dubai Stock Exchange (DME) was the only price market in Asia, meaning that most Crude oil and commodity trades were priced at a glance, although this does not mean that the Brent oil price index has weakened.

Iran Stock Exchange includes stock and commodity exchanges. The terms of trading in each exchange are different and are determined based on the terms and conditions of that market. In Iran Commodity Exchange, the buyer's broker, after receiving the order from the buyer, must register the purchase order in the system and send the purchase request form to the buyer in the physical market of Iran Commodity Exchange. 

This form includes the buyer's information and the desired product for It is a purchase. After receiving the form, the buyer must send the form signed by the authorized signatories and sealed by the buyer to the broker before starting the transaction. It is worth mentioning that receiving the signed form from the buyer is the purchase license of the broker.

When it comes to investing in the Turkish stock market, the first option that comes to mind is to buy securities. The stock market as an integral part of the financial markets in the world today dates back to the 17th and 18th centuries. According to various legends, the first securities for public and private debt were established on the Antewerp Stock Exchange in Belgium, dating back to 1531.

But the stock exchange was first established in Amsterdam, the Netherlands, to preserve the value of money. This date dates back to 1602 AD. The Chicago Mercantile Exchange is the first commodity exchange in the modern sense to include cash and futures markets, dating back to the 19th century; That is, almost two centuries after the establishment of the first stock exchange market in the Netherlands!

The first stock exchange in Turkey was established in rye, under the siege of Kutya region, in the last years of 200 AD, by order of the Roman emperor Diolletian. 

This non-modern and completely traditional market called Aizanoi was used as a wheat market at that time and the prices were engraved on the Stones of this place, but the establishment of the Istanbul Stock Exchange dates back to 1926, which in 2013 with The merger of the gold exchange and the long-term and futures exchange continued to operate. This market is now available in cyberspace and easily you can be a member of it.
 

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