Warehouses and Presence: Processes
Based in Germany, METALPRODEX
cooperates very closely with a network of independent warehouses at all major trade hubs globally.
Metals can be traded through the warehouse closest to the end customer or simply through in-warehouse
contracts, taking advantage of regionally developing price differences or logistics costs.
Warehouse Processes
Processes of stock delivery, hold locks, ownership transfer, financial settlement and stock release are strictly
governed by the respective paragraphs in the METALPRODEX Rulebook.
When a customer desires to place certain stock on the METALPRODEX platform for sale, the warehouse will place a hold on this stock as per the seller's request. Once the stock has been traded on
the METALPRODEX platform the hold will be released following financial settlement and ownership transfer.
Please also refer to the Warehouse FAQ page and the
Rules & Regulations pages for further information.
Hold and Release
METALPRODEX requires metal to be under a MTPX Hold (placed by the warehouse) before it can be traded online.
Upon delivery into the warehouse the trader declares the number of lots that are to be traded on MTPX.
Following a successful match with a buyer the warehouse places a Conditional Release on the number of lots that are part of the new
contract.
Only after payment has been received on behalf of the seller from the buyer's bank, the warehouse converts the Conditional Release into a Final Release.
At this point the buyer is free to remove the metal from the warehouse or trade it again on MTPX.
Schematic warehouse hold and release process.
Please also refer to the Warehouse FAQ page and the
Rules & Regulations pages for further information.
Register with METALPRODEX
News:
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Mar 7, 2017
Trading Premiums: New contracts from March 2017
New Premium contracts allow now to trade premium components of the all-in price and enable hedging using the base price.
Learn more ...
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Feb 2, 2017
Registering Metal: Online Hold Requests
Registering metal made even easier! The MTPX online hold request allows users to register or unregister metal with the push of a button.
Learn more ...
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Jul 25, 2016
METALPRODEX launch: Press coverage



The Press and the global metal trading community have been following Learn more ...
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Jul 1, 2016
Welcome to METALPRODEX
A new "back-to-the-roots" metal exchange tailored to trade physical metal. Learn more ...
Members
MTPX Demo
Product Specification
The products traded on MTPX follow standard specifications. Download the product specifications here.
Warehouses
Get familiar with warehouse locations, admission standards and processes.
Frequently Asked Questions