AFDX SERIES: Investments Products for Retail Investors
AFDX Series products, innovated by AFRIDEX enable investors to invest their funds into Futures, Commodities and Currency Derivatives in smaller denominations and hold it in electronic format . They are available in both of AFRIDEX trading platforms which can be accessed through members of AFRIDEX or their franchises. It provides a unique opportunity to buy, accumulate, hold and liquidate commodities. Systemic investments in ADX Series products promote savings in a secured way offering ease of transaction and flexibility of trade timings. This instrument provides ample opportunity to the mass as secured investment in their product basket diversification.
AFRIDEX offers financial institutions, investors and traders with cutting edge technology solutions along with a gateway to tier 1 Spot FX or Bullion interbank liquidity of up to USD 100 Billion, allowing you to provide best-of-breed online trading facilities to financial institutions, brokers, traders and investors. We also provide services to fund managers and professional traders, giving them access to state-of-the-art allocation (both PAMM and lot-based allocation) and fund management tools.
The products offered at the exchange are:-
Commodities – Gold, Silver, Platinum , Copper
Currency Derivatives - EURUSD , GBPUSD , EURGBP, USD JPY , USDCHF , KESUSD, EURKES , KESZAR etc
Agricultural Futures – Wheat , Soybean, Rice, Corn, Coffee, Sugar
Energy Futures – Sweet Crude Oil, Brent Crude Oil, Heating Gas
Metal Futures – Gold, Silver , Platinum, Copper
The exchange will have brokerage firms across Africa as members who will pay an annual license fee to the Exchange. Vetting of new members will be done together with the Capital Markets Authority .
Members of the Exchange will NOT be allowed to hold deposits by clients but ALL remittances by investors will be made to the Exchange. This is designed as such so as to prevent brokerage members from misusing client deposits and protect client investments just in case a member collapses. The investor will have his/her investment intact at the exchange.
AFRIDEX is seeking to establish itself as a multi-asset transnational financial exchange that is based in Nairobi, Kenya, which enables the trading of Currency Derivatives, Commodities, Futures and CFDs across the African Continent and the whole world in a secure, regulated and transparent trading ecosystem that will deliver Currency Derivatives (such as Spot FX, Currency Futures), Futures, Commodities, and CFD trading in real time to investors and traders 24 hours a day 5 days a week. With a vision of a new generation derivatives exchange befitting an ever-evolving marketplace, AFRIDEX has two, smart and reliable platforms for both international and regional entities to trade a diverse range of multi-asset class products. It provides an electronic, transparent, well organized and centralized trading platform with the facility to access and participate in the market remotely. It facilitates risk free and hassle free purchase and sell of quality and quantity specified financial instruments to market participants.