Singapore
Abbreviation
APEX
Location
Singapore
Region
Asia
Product Types
Agricultural, Metals, Energy
Asia Pacific Exchange (APEX) is a Singapore-based commodity futures exchange launched in 2017, primarily backed by Dalian Commodity Exchange (DCE) of China. APEX was established to provide an internationally accessible derivatives market for commodities relevant to South and Southeast Asian trade flows. Its initial products focus on rubber and iron ore futures. APEX is regulated by the Monetary Authority of Singapore (MAS) and aims to serve as a bridge between Asian commodity producers and global financial markets.
ICE Futures Abu Dhabi (IFAD) is a regulated commodity derivatives exchange launched in 2021 by Intercontinental Exchange (ICE) in partnership with ADNOC (Abu Dhabi National Oil Company) and nine leading global energy market participants. IFAD's flagship product is the Murban crude oil futures contract, which was designed to become the world's first freely traded Murban crude benchmark, enabling global market participants to hedge against the Middle East's largest crude oil grade.
The Manila Commodity Exchange (MCX) is a commodity and derivatives exchange based in Manila, Philippines, offering contracts across base metals, agricultural commodities, energy, and currencies. The Philippines is an emerging market for commodity derivatives with the exchange targeting regional Southeast Asian participants. MCX operates within the Philippine regulatory framework overseen by the Securities and Exchange Commission (SEC Philippines).
Ace Derivatives & Commodity Exchange Ltd. (ACE) was a regional agricultural commodity futures exchange based in Ahmedabad, India, approved by SEBI. ACE was one of several smaller Indian commodity exchanges that offered futures contracts primarily for agri-commodities such as castor seed, guar, soybean, and mustard. Smaller regional commodity exchanges like ACE faced market consolidation pressure as MCX, NCDEX, and ICEX captured the majority of national trading volumes.
The Agricultural Futures Exchange of Thailand (AFET), established in 2003 and based in Bangkok, is Thailand's primary agricultural commodity futures exchange. AFET offers futures contracts for key Thai agricultural commodities including rubber (Technically Specified Rubber, TSR-20), white rice, and tapioca starch. Thailand is one of the world's largest rubber producers, and AFET's rubber futures contract serves as a regional pricing benchmark. The exchange is regulated by the Securities and Exchange Commission (SEC) of Thailand.