May 29, 2013
Source: Futures Daily

　　Hong Kong Mercantile Exchange (HKMEx) is a Hong Kong based e-commodity exchange. It aims to provide a highly transparent exchange platform for the Asian market to conduct hedge, arbitrage and other financial activities. HKMEx officially started trading on May 18, 2011. It offers 32 troy ounces (1 kg) gold futures contract and 1,000 troy ounces silver futures contract, which are both traded in US dollars and are physically delivered in Hong Kong. Headquartered in Hong Kong, all its transactions are cleared by LCH.Clearnet.
　　But as its trading incomes cannot afford its daily running costs, HKMEx closes its door on May 20, 2013. Even though HKMEx is located in an area with active commodity trade and investments, the continuous decline of trading volume in the past two years finally leads to today’s closing.