What are We?
Formally launched in Europe and the United States in October 2010, INSCX™ (the Integrated Nano-Science & Commodity Exchange) is a commodity exchange established to physically trade accredited, compliant and validated nanomaterials and nano-enabled products, as well as traditional commodities (grains, metals, minerals and products).
The exchange is designed for commercial users (trade suppliers and buyers of physical materials and commodities) where actual trade is placed for execution by member brokers (non-commercial users) through a specialist order routing system based on the model of the NYSE in the United States. The exchange is the focal point of the emerging world trade in nanomaterials, a trade that will be crucial to continuing world prosperity in the 21st century. The opening of INSCX™ means that, for the first time, nanomaterials will be traded in the same way as other goods where purchasers are assured of quality and competitive prices while suppliers are provided with surety of demand and the financial tools and trade flexibilities needed to respond.
What is listed for trade?
INSCX™ is not exclusive to just trade in nanomaterials however, as a variety of physical materials and commodities are also listed for trade. This follows in line with the stated objectives of the exchange, being to promote a greater industrial dependence on nanomaterials based on integration with the existing economy. Integration will by definition provide capital allocation models with the ability to change to embed the emerging suite of more functional raw materials. Just as important will be the fostering of greater collaborations between existing commerce and nanobusiness from where demand for NMs is now clearly evident.
Exchange contracts for physical delivery are listed for the following categories of materials: