Sofia Commodity Exchange (SCE)

Bulgaria

1, Bulgaria square
1463 Sofia
Bulgaria
Tel:(+359) 2952 62 12, 2952 62 25,
Fax:(+359) 2952 62 32
URL: www.sce-bg.com

Established: 1991

Type: Open Outcry

Markets - Commodities

Futures grain market

Sofia Commodity Exchange (SCE) in Bulgaria offers the opportunity to trade with grain futures. Seven approved standard contracts are traded every Wednesday and Thursday from 2.00 PM , and every Friday from 10.00 AM.

MILLING WHEAT
FEED WHEAT
FORAGE BARLEY
MALTING BARLEY
CORN
BLACK SUNFLOWER
WHITE BEANS

The standard contract is for 15 t. Grain contracts are traded for immediate delivery or future delivery for up to 17 months ahead. The trading horizon is 18 months.

The open positions of both parties secure their obligations with 3 % margin as compared to the market quotation of the Contract, the margin been deposited in the clearing house of SCE.

Spot market

Sessions are divided in two major segments - trade pits in foodstuffs and non-foodstuffs.
The trade is with distinctly specified and uniquely qualified available commodities

The commodities are presented using preliminary standard offers. Clients can participate only through via freely chosen and authorized intermediaries - brokers.

Foodstuff pit: Non-foodstuff pit:

Grain, industrial and forage crops.
Live animals and products.
Meat, Fish and products.
Vegetable and animal oils and fats.
Milk and dairy products.
Milling products and pasta.
Feeding products.
Sugar.
Processed fruits and vegetables.
Others, incl. drinks and tobacco products.
Ferrous and non-ferrous metals
Chemicals and products.
Rubber, plastic and products.
Energy materials, fuels and petrol derivatives.
Raw materials and minerals.
Fibers, yarns, leather/fur.
Lumber, wood mass, paper and products.
Industrial products, machines and equipment.
Electrical and electronic equipment.
Construction materials and parts.

NEWS

New legislation on Commodity Exchanges and Wholesale Markets:

The members of the Commodity Exchange must have registration by the Bulgarian Trade Act.

The maximum limit for shareholders is 5% from the commodity capital. Exceptions are made only with special license, issued by the Commodity Exchanges and Wholesale Markets State Commission.

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