Uzbekistan Launches Firm for Global Derivatives Trading

Tashkent, Uzbekistan (UzDaily.com) — The Cabinet of Ministers of Uzbekistan has approved the establishment of UZEX Global LLC under the Republican Commodity and Raw Materials Exchange with the participation of foreign capital. The decision was adopted by government resolution No. 82 dated 27 February 2026.

The new company will enable local businesses — including enterprises from the cotton-textile and electrical industries, as well as wheat producers and other commodity suppliers — to participate in trading commodity derivatives on major international exchanges such as the Intercontinental Exchange, the London Metal Exchange, and the Chicago Mercantile Exchange.

UZEX Global will create the technological and operational infrastructure necessary for direct derivatives trading. It will also provide consulting services on risk management, register participating entrepreneurs, open secondary trading accounts, and accept advance payments in the national currency.

These funds will be converted into foreign currency solely for participation in international trading, while unused funds and profits will be returned to entrepreneurs upon request.

In addition to facilitating trading, the company will organize training seminars and master classes aimed at improving the financial literacy of entrepreneurs and will work on introducing a system for trading national Uzbek commodity derivatives.

The Antimonopoly Committee of Uzbekistan has been designated as the authorized body responsible for coordinating and regulating participation in international trading, as well as for cooperation with foreign regulators and international financial institutions.

The government has also instructed the Uzbek Republican Commodity and Raw Materials Exchange to attract an internationally recognized investment company to help organize the activities of UZEX Global.

The resolution предусматривает separate accounting of entrepreneurs’ secondary accounts and requires regular reporting to the Antimonopoly Committee on trading results and account turnover.

The creation of UZEX Global is intended to expand opportunities for Uzbek companies to hedge against commodity price volatility and to integrate national businesses more closely into global commodity markets.