Saint-Petersburg International Mercantile Exchange

The clearing organization associated with SPIMEX is Nonbank financial institution – central counterparty «RDC» (previously – SDCO).

[1][2][3] In March 2022, the Association of European Energy Exchanges (Europex) excluded SPIMEX from its membership due to Russia's invasion of Ukraine.

In 2022, the volume traded at the SPIMEX Crude Oil Section stood at 519,400 tonnes (+ 164,4% y-o-y) with the turnover amounting to RUB 16.974 bn.

The volume traded at the SPIMEX Derivatives Section in 2022 reached 69,326 futures contracts in the total amount of RUB 13.9 bn.

Risk Management System (RMS) Performance of the obligations under futures contracts is guaranteed by the Clearing House.

Trading Participants include largest domestic natural gas producers and end-users (utilities, fertilizer and metallurgy companies).

The Exchange brings together over 60 entities, including major logging companies, forest leaseholders and timber processing businesses.

SPIMEX plans to add new trading instruments, to expand geographic reach and in the long run to launch a cross-border delivery mechanism.

Volume of petroleum products traded at SPIMEX [ 7 ] [ 1 ]