Malawi’s New Commodity Exchange Goes Live with Full E-Trading Capabilities
Wednesday,07/08/2013|19:07GMTby
Adil Siddiqui
Malawi, an emerging markets nation in Africa has gone live with InterContinental Systems’ exchange technology for its latest commodity bourse, AHL Commodities Exchange Ltd, the exchange aims to be the largest in Malawi.
AHL Commodities Exchange Ltd. (AHCX) Africa’s latest addition to its growing list of derivatives exchanges has started live trading in commodity contracts. The new exchange, based in Malawi, will use technology for complete front to back trade execution supplied by Nepal based InterContinental Systems (ICS).
Malawi, an agriculture based economy has a total GDP of $14.25 billion (according to the World Bank), one-third of its GDP and 90% of export revenues are attributed to the agriculture sector. The exchange will initially launch a range of products to allow farmers and corporates to hedge risk, products include: Ground Nuts, Maize, Soya beans, Pigeon Peas and Rice, the exchange has 26 members.
ERD Matabwa, Chairman of the Board at AHCX, spoke about the new launch, he said in the official briefing: "AHCX selected ICS after a thorough and extensive bid review of many vendors on the market from countries India, South Africa, Ethiopia etc. ICS demonstrated its capability to deliver the solution to our utmost satisfaction. ICS was able to provide the exchange, software systems required by AHCX as an integrated package without any problems and as per agreed schedule.. We believe that this project will be a candidate for innovation awards within the commodity exchange industry. The new technology platform in terms of integration and simplicity is an important foundation of AHCX future growth plans."
ICS will support the exchange in a range of services including:
• Electronic Warehouse and Collateral Management System
ICS has been providing technology solutions to several exchanges including the Nepal Derivatives Exchange, the firms CEO, Santosh Pradhan, commented about the partnership with the exchange, he said: "Our selection by AHCX fully illustrates the breadth of ICSs' capabilities with the provision of exchange, trading, and risk management technology. Our systems are flexible enough to be used independently, or in this case, integrated into one comprehensive exchange ecosystem. This opportunity demonstrates the pedigree of the ICS technology stack and, combined with our work in 2009 for the Nepal Derivative Exchange, demonstrates the growth potential in our business as a technology provider to exchanges."
Africa is an exciting market for financial services firms, the region as a whole crossed the $2 trillion GDP mark this year and as countries in the continent develop their infrastructure, with the rise in internet usage, literacy and economy; it is set to be an alternative market for firms looking for investors. The key markets for Forex and CFD trading are; South Africa, Egypt, Nigeria and Kenya.
AHL Commodities Exchange Ltd. (AHCX) Africa’s latest addition to its growing list of derivatives exchanges has started live trading in commodity contracts. The new exchange, based in Malawi, will use technology for complete front to back trade execution supplied by Nepal based InterContinental Systems (ICS).
Malawi, an agriculture based economy has a total GDP of $14.25 billion (according to the World Bank), one-third of its GDP and 90% of export revenues are attributed to the agriculture sector. The exchange will initially launch a range of products to allow farmers and corporates to hedge risk, products include: Ground Nuts, Maize, Soya beans, Pigeon Peas and Rice, the exchange has 26 members.
ERD Matabwa, Chairman of the Board at AHCX, spoke about the new launch, he said in the official briefing: "AHCX selected ICS after a thorough and extensive bid review of many vendors on the market from countries India, South Africa, Ethiopia etc. ICS demonstrated its capability to deliver the solution to our utmost satisfaction. ICS was able to provide the exchange, software systems required by AHCX as an integrated package without any problems and as per agreed schedule.. We believe that this project will be a candidate for innovation awards within the commodity exchange industry. The new technology platform in terms of integration and simplicity is an important foundation of AHCX future growth plans."
ICS will support the exchange in a range of services including:
• Electronic Warehouse and Collateral Management System
ICS has been providing technology solutions to several exchanges including the Nepal Derivatives Exchange, the firms CEO, Santosh Pradhan, commented about the partnership with the exchange, he said: "Our selection by AHCX fully illustrates the breadth of ICSs' capabilities with the provision of exchange, trading, and risk management technology. Our systems are flexible enough to be used independently, or in this case, integrated into one comprehensive exchange ecosystem. This opportunity demonstrates the pedigree of the ICS technology stack and, combined with our work in 2009 for the Nepal Derivative Exchange, demonstrates the growth potential in our business as a technology provider to exchanges."
Africa is an exciting market for financial services firms, the region as a whole crossed the $2 trillion GDP mark this year and as countries in the continent develop their infrastructure, with the rise in internet usage, literacy and economy; it is set to be an alternative market for firms looking for investors. The key markets for Forex and CFD trading are; South Africa, Egypt, Nigeria and Kenya.
Integral’s SG1 Demand Jumped to 1 Million Daily Tickets, Triples Data Centre Presence
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
