The Turkish Mercantile Exchange Electronic Warehouse Receipt Market Celebrates Its 5th Anniversary

The Turkish Mercantile Exchange Electronic Warehouse Receipt Market Celebrates Its 5th Anniversary 26.07.2024 The Turkish Mercantile Exchange (TMEX) Electronic Warehouse Receipt (EWR) Market has successfully completed its fifth year. During this five-year period, EWR trading volume increased 26-fold compared to the five years prior to TMEX, reaching TRY 209 billion. Established on 26 July 2019…

Innovation in Agricultural Finance: The First TMEX Wheat Bread-Indexed Sukuk Issuance

Innovation in Agricultural Finance: The First TMEX Wheat Bread-Indexed Sukuk Issuance 15.03.2024 Turkish Mercantile Exchange (TMEX) Agricultural Commodity Indices can be used as a benchmark in financial instrument issuances. In this context, Türkiye’s first lease certificate (sukuk) issuance using the Wheat Bread Index, which is calculated based on Electronic Warehouse Receipt (EWR) Market bread wheat,…