ZAMACE recorded the first trade on the platform on 4th October, 2007. One of the advantages of a commodities exchange is the ability to track all the transactions that take place on the market. Before this reality one would probably have to go and ask a series of buyers what prices they bought at or some sellers to find out what prices they sold at.

Always remember the following terms when viewing information:

BID - Position to buy or the buying price

OFFER - Position to sell or the selling price

SALE - The settled or agreed transaction price.

CLOSED DEAL - Two positions when matched result into a closed deal. The match attained on ZAMACE is binding on both parties.

REGISTERED DEAL - This is a contract which is put together outside the Exchange and is registered on the platform. For instance, a farmer might have a traditional relationship with a miller to supply maize. They therefore have a buyer at the price they are happy with but would want the contract covered by the transparent structures and dispute resolution structures under ZAMACE. Such a contract would be reported to the Exchange with a view of having it registered.

This section of the website allows you to download our daily trade information summary and also information on the closed and registered transactions on the Exchange from inception.