Hong Kong Mercantile Exchange

Name

Hong Kong Mercantile Exchange

Website

https://hkmerc.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Hong Kong Mercantile Exchange historically operated as a commodity futures exchange in Hong Kong. Its domain hkmerc.com is currently parked on GoDaddy with no active company content, products, customers, or operational signals available in the source data.

Ownership category

akta.pro rank

Product category

Commodity Futures Exchange

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232)

SIC

Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSAFAMAG

Commodity Derivatives Exchanges (Futures & Options on Commodities)

Financial & Insurance/Financial Exchanges & Market Infrastructure/Commodity Exchanges

SECONDARYFSAFABAE

Metals Derivatives Exchanges (Precious & Base Metals)

Financial & Insurance/Financial Exchanges & Market Infrastructure/Derivatives & Futures Exchanges

Keywords

• Commodity futures exchange
• Futures trading platform
• Precious metals trading
• Exchange services
• Hong Kong exchange

GTM type

B2B

Offering type

Services

Core offering

Hong Kong Mercantile Exchange was historically a commodity futures exchange based in Hong Kong. The current website at hkmerc.com is parked and inactive, so no live product or service offerings can be confirmed from the source material.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• Bursa Malaysia Derivatives: Bursa Malaysia operates Malaysia's derivatives exchange offering commodity and financial futures including crude palm oil and gold futures. It is a regional peer to HKMEX as both serve Southeast Asian markets with commodity derivatives offerings. Bursa Malaysia's established crude palm oil franchise parallels HKMEX's ambitions for regionally-relevant commodity contracts.
• Thailand Futures Exchange (TFEX): TFEX is Thailand's derivatives exchange offering commodity and financial futures products in the Southeast Asian market. It is a regional peer to HKMEX as both operate smaller commodity derivatives exchanges in the Asia-Pacific region. Both exchanges face similar challenges in building liquidity against larger regional competitors.

Broad incumbents

• Intercontinental Exchange (ICE): ICE is a major global exchange operator and clearinghouse offering commodity and financial derivatives across energy, metals, and agricultural products. It is a broad incumbent peer to HKMEX as it operates one of the leading global commodity derivatives franchises. ICE's metals and energy futures represent the kind of global competition HKMEX would face if it were to resume operations.
• Hong Kong Exchanges and Clearing (HKEX): HKEX is the dominant exchange operator in Hong Kong and historically acquired HKMEX's brand and certain assets. It operates a broad range of securities and derivatives markets, making it the most directly comparable incumbent in the Hong Kong exchange space. As the regional exchange of record, HKEX dwarfs any potential restart of HKMEX in liquidity, regulatory standing, and product breadth.
• CME Group: CME Group is the world's largest derivatives exchange operator, offering benchmark commodity futures across metals, energy, and agricultural products. It is a broad incumbent peer to HKMEX as it sets the global pricing standards that regional commodity exchanges like HKMEX were designed to localize. CME's gold and silver futures are the dominant global benchmarks in the product categories HKMEX targeted.

Direct peers

• Dubai Gold & Commodities Exchange (DGCX): DGCX operates as a regional commodity derivatives exchange focused on precious metals, energy, and currency products in the Middle East and South Asia. It is a direct peer to HKMEX in scope and product mix, particularly in gold and silver futures. Both exchanges operated as smaller, niche commodity derivatives venues competing against much larger global exchanges.
• Multi Commodity Exchange of India (MCX): MCX is India's largest commodity derivatives exchange, offering futures trading in gold, silver, energy, and agricultural commodities. It is a direct peer to HKMEX as both are emerging market commodity exchanges focused on precious metals and energy products serving domestic institutional and retail clients. Both faces similar scale and liquidity challenges when competing against larger global venues.
• Shanghai Futures Exchange: The Shanghai Futures Exchange is mainland China's primary commodity derivatives venue, trading metals, energy, and agricultural futures. It is a direct peer because HKMEX's RMB-denominated gold and silver futures strategically targeted mainland Chinese investors seeking offshore RMB-denominated commodity exposure. SHFE represents the principal onshore competitor for Chinese commodity derivatives flow.
• Japan Exchange Group (JPX) / Tokyo Commodity Exchange: JPX, which absorbed the former Tokyo Commodity Exchange (TOCOM), operates the leading commodity futures exchange in Asia with gold, platinum, and other precious metals contracts. It is a direct peer to HKMEX as both focused on Asian precious metals and commodity derivatives trading. JPX's deep liquidity in precious metals futures represents the kind of competitive benchmark HKMEX historically sought to challenge.
• Singapore Exchange (SGX): SGX operates a major Asian derivatives exchange with substantial commodity and financial futures products, including precious metals and energy derivatives. It is one of the closest direct peers to HKMEX's historical commodity futures focus and serves a similar institutional and professional trading audience across Asia. SGX's scale and electronic trading infrastructure represent the benchmark HKMEX originally aimed to compete with.

Market position

Customer concentration

• LinkedInlinkedin.com/company/hong-kong-mercantile-exchange

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hong Kong Mercantile Exchange