Where African
commodities meet
global capital.
Trade soft and hard commodities with confidence. BMX delivers transparent price discovery, regulated settlement, and digital warehouse receipts — all on a single institutional-grade platform.
Order Book
SORGHUM · Spot
P 4,615.00
+0.42%
Markets
Trade what matters most to African producers.
BMX offers a diverse range of commodity markets, connecting producers with buyers across the continent and beyond.
Process
From producer to global buyer in four steps.
A seamless end-to-end process from registration to settlement, powered by digital infrastructure and a transparent rulebook.
Step 01
Register & Verify
Complete the online application, submit KYC documents, and get approved by BMX compliance.
~3 business days
- Entity onboarding
- KYC / AML checks
- Maker-checker review
Step 02
Deposit Commodities
Store your commodities at certified warehouses and receive digital warehouse receipts.
BAMB & partner warehouses
- Quality assessment
- Digital receipt issued
- Custody recorded on-chain
Step 03
Start Trading
Buy or sell commodities on our platform using spot or futures contracts via licensed dealers.
Spot & futures
- Limit / market orders
- Real-time price discovery
- Maker-checker workflow
Step 04
Settle & Deliver
Secure settlement through CSDB clearing with physical delivery coordination.
T+2 settlement
- Central counterparty clearing
- Cash & physical settlement
- Logistics handoff
Why BMX
Built for institutional rigour.
Designed for African scale.
Botswana Mercantile Exchange offers a world-class trading environment designed for African commodity producers, buyers, and global capital. Every feature is engineered for transparency, security, and operational efficiency.
Transparent Pricing
Real-time price discovery with full market depth visible to all participants.
Secure Settlement
Central counterparty clearing through CSDB with guaranteed T+2 settlement.
Global Reach
Connect with international buyers and sellers across multiple commodity markets.
Efficient Trading
Low-latency matching engine and an intuitive trading terminal for all members.
Digital Receipts
Blockchain-secured warehouse receipts with transparent ownership transfer.
Market Intelligence
Comprehensive analytics, historical data, and research-grade publications.
Aggregate Volume · BWP
P 1,248.6M
+12.4% vs prior period
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Trades
—
Members
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Settled
Membership Categories
Choose the membership that fits your role.
BMX offers eight distinct membership categories as defined in the Rulebook. Each category has specific rights, obligations, and system permissions. Select the role that best matches your business.
Trading Member
Execute trades on the exchange for yourself or on behalf of clients.
- Execute trades on the exchange
- Access real-time market data
- Participate in all trading sessions
- Route trades through a Clearing Member
Clearing Member
Financial institutions that guarantee and settle trades.
- Clear trades for yourself and clients
- Hold member margin and collateral
- Participate in risk management
- Access clearing and settlement systems
General Clearing Member
Clear trades for other members who do not clear their own trades.
- Clear trades for other members
- Port client positions in default scenarios
- Provide guarantees for client members
- Submit daily position reports
Non-Clearing Member
Execute trades and partner with a General Clearing Member.
- Execute trades on the exchange
- Access trading platform
- Choose a General Clearing Member
- Maintain trading controls
Remote Member
International entities accessing BMX from outside Botswana.
- Access BMX from any location
- Trade eligible products
- Cross-border settlement options
- Remote market participation
Warehouse Operator
Certified storage facilities issuing electronic warehouse receipts.
- Issue electronic Warehouse Receipts
- Access warehouse management system
- Participate in physical delivery
- Submit daily stock reports
Market Maker
Provide liquidity by continuously quoting buy and sell prices.
- Fee rebates and incentives
- Quote priority in order book
- Access market maker programs
- Provide consistent liquidity
Special Participant
Cooperatives, small-scale producers, and SMEs.
- Access tailored products
- Simplified onboarding
- Producer-focused support
- Reduced fees for qualifying entities
Application Process
Online application · KYC verification · 5–7 business days
Regulatory Framework
Licensed by NBFIRA · Compliant with Financial Intelligence Act
Member Support
Dedicated relationship manager · 24/7 technical support