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NameMongolian Agricultural Commodity Exchange
CountryMongolia
SSE Derivative Network member Yes
Number of contracts traded for the most recent reporting year983
Contracts traded (futures) 100
Contracts traded 50
SSE Stock Exchange DatabaseNo
Type of offered products
  • Commodity Options and Futures
  • Agriculture raw and processed materials spot contracts

Has an annual sustainability report? No
Is sustainability reporting required of any market participantsNo
Exchange has written guidance on sustainability reporting for any market participantsNo
Offers sustainability-aligned productsNo
Offers sustainability-related training No
Additional information
Regulatory bodies
  • Financial Regulatory Commission of Mongolia (FRC)
About the exchange

MACE is a state-owned enterprise that operates on regulated market under supervision of the Financial Regulatory Commission of Mongolia. MACE was established in 2013, in accordance with the Law on Agricultural Products and Commodity Exchange, with a main goal to establish a comprehensive system for supplying, storing, transporting and trading in agricultural goods and raw materials in accordance with quality standards, thus increasing participation of herders and cooperatives in trading activities to support sustainable income generation, support domestic producers, promote exports and develop digital agriculture. MACE currently provides a platform for spot and derivatives market trading and plays a role in price discovery and transparency, and ensuring safe and efficient trading and settlement of commodities contracts, such as processed and semi-processed raw materials, specifically cashmere, wool, wheat, meat, livestock, skin and hide. The Exchange is located in Ulaanbaatar, Mongolia. It employs 36 staff. It operates with four departments, Trading and Market Development Department, Membership and Registration Department, Administration and Finance Department, Information Technology Development Department.