Where African
commodities meet
global capital.
Trade soft and hard commodities with confidence on Botswana's most trusted exchange. Transparent price discovery, regulated settlement, and digital warehouse receipts — all on one institutional-grade platform.
Order Book
SORGHUM · Spot
P 4,615.00
+0.42%
- Trading Volume
- P 1.2B+
- Active Members
- 150+
- Commodity Classes
- 6
- Settlement
- 24/7
Last 12 months
Exchange Members and Participants
Trade soft and hard commodities
CSDB clearing
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. Indicative prices shown for illustration only.
Looking for a market we don't yet list? Tell us what you're trading.
Request a marketProcess
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
Operating under the BMX Rulebook ·NBFIRA-licensed Exchange
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
4,182
Trades
152
Members
99.8%
Settled
A BSE Limited Company
A BSE Limited Company
Membership
Choose the membership that fits your role.
All members benefit from BMX's secure trading environment, transparent rulebook, and access to global markets. Membership fees are annual and payable in Botswana Pula.
Trader
For individuals and small-scale producers entering the market.
- Spot & futures market access
- Digital warehouse receipts
- Live market data & analytics
- Standard settlement services
Broker
For licensed intermediaries and commodity trading firms.
- Everything in Trader
- Execute on behalf of clients
- Client management dashboard
- Dedicated relationship manager
- Reduced trading fees
Clearing Member
For financial institutions, banks, and CSDB participants.
- Everything in Broker
- Direct CCP access
- Client clearing services
- Risk management tools
- Priority settlement queue
Warehouse Operator
For certified storage facilities and silos.
- Issue digital warehouse receipts
- Manage storage zones & lots
- Quality assessment tooling
- Trading-system integration
Logistics Provider
For transport, freight, and last-mile delivery providers.
- Transport management system
- Real-time delivery tracking
- Warehouse network integration
- Settlement coordination
Application
Online onboarding · 3–5 business days
Compliance
KYC / AML review by BMX compliance team
Support
Dedicated relationship manager from day one