Critical Assessment of Ethiopian Commodity Exchange (ECX)
| dc.contributor.advisor | Yitayew, Abebe (Associate Professor) | |
| dc.contributor.author | Girma, Bethlehem | |
| dc.date.accessioned | 2018-06-22T07:48:59Z | |
| dc.date.accessioned | 2023-11-08T14:37:39Z | |
| dc.date.available | 2018-06-22T07:48:59Z | |
| dc.date.available | 2023-11-08T14:37:39Z | |
| dc.date.issued | 2009-06 | |
| dc.description.abstract | The commodity exchange market is very important because it brings together producers and consumers. However, the currently markets except for coffee have been thin with poor liquidity and have not grown to any significant level. This has a direct impact on the competitiveness, efficiency and futurity of the exchange. Thus critical assessment of the exchanges practices and forwarding better way outs is necessary. The Ethiopian Commodity Exchange vision is to become an Exchange of choice in the world. And for competitive advantage in the international level and to provide efficient services tolls like derivatives are essential. Lack of derivatives, warehouse receipts based settlement; adequate risk managing tools and mainly lack of liquidity are the major impediments of exchanges efficiency. In this work, Ethiopia Commodity Exchange's trading practices, settlement issues, risk management techniques, liquidity practices are critically analyzed. Relevant country wide information was explored. In addition, experiences of other commodity exchanges were investigated. Finally, proposed way outs are forwarded. The proposed way outs include introduction of automated trading system, ware house receipt based settlements, commodity derivatives specifically futures, certified warehouses, and effective risk management tools | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/2890 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Ethiopian commodity exchange (ECX) | en_US |
| dc.title | Critical Assessment of Ethiopian Commodity Exchange (ECX) | en_US |
| dc.type | Thesis | en_US |