Trade physical almond commodities and get market visibility using GNEX Trading:
• Real time market prices
• Immediate trade execution
• Trade using your mobile or desktop
• Control which counter-parties you trade with
• Approve or exclude brands
• Issue and respond to Requests for Offers
• Anonymous market listings
• Standardized almond commodities
• Industry-standard trading contract
• Post-trade shipment workflow
Access to the GNEX market is available to GNEX Members.
GNEX provides a confidential, secure and efficient trading environment of equal benefit to our members, whether buyers, sellers or traders. As a GNEX Market Member, you join a steadily growing community of international almond producers, consumers and traders with quick, efficient and anonymous access to global physical almond markets.
Benefits of GNEX Market Membership include:
• Access to a range of standardized almond commodities that allow true price comparison
• Online and mobile trading applications provide you with unrivalled control over bid/offer pricing and timing.
• GNEX's Standard Almond Trading Agreement, SATA™, provides an independent and balanced contract for trading almonds both through the trading platform and for offline trades. Market Members are invited to participate in SATA's ongoing revision process.
• All bids and offers are anonymous on the trading screen until point of execution, when counterparties' identities are revealed to each other. Trading parties’ identities are never revealed to the market.
• Retain control over which parties you trade with. The trading platform ensures that you only trade with pre-agreed counterparties.
• Buyers can issue Requests for Offers for Sellers to respond to. Review the firm offers and trade them or make a counter bid if pricing or terms are not quite right. All requests for offers and responses will meet your pre-agreed counterparty and brand requirements.
• If you use a 'Block' or Approved Brand list, the platform ensures that any trades comply.
• Market members can use the platform to invite existing trading partners and to extend their trading reach to new parties.
• All firm bids and offers are communicated in real-time to Market Members, giving you a powerful insight into current market conditions.
• Current and historic market pricing is available to members.
• A post-trade shipment workflow supports you from trade through to final payment to help ensure that contract obligations are fulfilled. The platform's independent record of actions reduces the chance of dispute or protracted arbitration.
Show less
What's New in GNEX Trading
1.2.2
October 24, 2022
This version includes minor improvements and bug fixes.
Let us know if you have any feedback via app@gnex.com