A Journey of
Passion and Dedication
A journey fueled by passion and dedication, shaping meaningful experiences and success.
Our Story
USE Commodities Exchange Limited (USE COMMEX) was established in October 2020 as a subsidiary of the Uganda Securities Exchange (USE) to create a modern, transparent, and efficient commodity trading marketplace in Uganda. After receiving approval from the Capital Markets Authority (CMA) in December 2021, USE COMMEX sought to transform agricultural trading by linking producers, traders, processors, financiers, and buyers through a structured trading platform.
Since its establishment, USE COMMEX has worked closely with farmers, warehouse operators, financial institutions, development partners, processors, exporters, and government agencies to expand awareness of and adoption of structured trading mechanisms, warehouse receipt financing, and commodity quality assurance.
Over the years, USE COMMEX has supported the development of commodity value chains through market education, stakeholder engagement, commodity profiling, and promoting quality standards. The Exchange continues to strengthen market linkages by providing a trusted platform that improves price discovery, facilitates trade, enhances access to finance, and reduces transaction risks for market participants.
Today, USE COMMEX is developing a strong commodity ecosystem that facilitates grain aggregation, testing, processing, and storage. It also offers efficient settlement mechanisms and expanded market access through technology and strategic partnerships. By doing so, the Exchange aims to foster sustainable and competitive agricultural markets, ultimately boosting farmer incomes, food security, and economic growth in Uganda and the broader region.
Key Value Propositions
Quality Assurance
All grain traded through the USE platforms goes through rigorous testing for contaminants and aflatoxins so that it will meet all US EAS standards. Our goal is to ensure food safety, quality control, and competitiveness in regional trade.
Guarantee Payment
The USE Commex is equipped with a Securities Central Depository (SCD) that supports the clearing and settlement of securities traded on the Exchange, ensuring buyers and sellers receive funds and securities within the predetermined settlement period.
Access to Financing
The USE, in collaboration with financial institutions, supports extending credit services to depositors like farmers and grain dealers who need financing secured by their deposited grain with the exchange.
Broader Market
Operate a trading system that
enables buyers and sellers
discover each other when they
need to trade – its features to
include a trading floor, brokers,
central depository/registry,
and electronic systems to
facilitate easy/remote access
by anyone.
Price Discovery and Market Information
Executed trades provide benchmark prices that help buyers and sellers make informed trading decisions, and this information is accessible to the public.
Market Penetration
Trading through the marketplace enables participants to access new markets beyond Uganda, creating opportunities to expand their customer base, reach regional and international buyers, and grow their businesses.
Our Partners
