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Getting started

There are three electronic trading platforms operating within BUCE ecosystem. Each of these platforms has its own unique application, functions and properties.

Therefore, the first step is to choose your area of focus:

  • exchange trading
  • e-procurements
  • property auctions
  • EXCHANGE TRADING PLATFORM
  • E-PROCUREMENT PLATFORM
  • PROPERTY PLATFORM
  1. Choose a commodity section

    Electronic exchange trades are subdivided into five commodity sections. One can trade in several sections at once or choose only one of them.

    Metal products

    In the Metal Products Section, one can participate in regular trading sessions for a wide range of ferrous and non-ferrous metal products designed for domestic use and for export.

    To start buying and/or selling metal products on BUCE follow the steps below:

    1. Get your free electronic digital signature (EDS) and sign an exchange service contract in your Personal account.
    2. Study the Rules of exchange trade and Metal products trading regulations.
    3. Sign up for and complete a free training course from which you will learn how to use BUCE trading system.
    4. Watch video tutorials and look through the answers to the frequently asked questions (FAQ).
    5. Study the list of commodities traded in the Metal Products Section.
    6. Install the software for submitting bids and offers.
    7. Submit your bid or offer in a timely manner in accordance with the trading schedule.
    8. If you are trading with a security deposit, transfer the required amount in compliance with the Regulation on security deposits
    9. On the trading day, make sure there is no “bid submission suspended” message in the Admission section of your Personal account
    10. Install the required trading software.
    11. Take part in the trading session at BUCE head office, at its regional branches or via Internet observing the applicable price corridor and peculiarities of submitting bids/offers for certain kinds of products.
    12. Based on the results of the trading session, use your EDS to sign the exchange contract and the list of executed transactions.
    13. Register your exchange contract within the given deadline.
    14. Pay the exchange fee based on the list of executed transactions.
    15. Notify the Transactions Monitoring Department regarding the fulfillment of executed transactions.

    Useful extras:

    Resolution of the Council of Ministers of the Republic of Belarus dated 16.06.2004 No. 714 “On the development of exchange trade at commodity exchanges”

    Commodities (groups of commodities) listed at BUCE

    Timber products

    In the Timber Products Section, one can participate in regular trading sessions for a wide range of timber products designed for domestic use and for export.

    To start buying and/or selling timber products on BUCE follow the steps below:

    1. Get your free electronic digital signature (EDS) and sign an exchange service contract in your Personal account.
    2. Study the Rules of exchange trade and Timber products trading regulations.
    3. Sign up for and complete a free training course from which you will learn how to use BUCE trading system.
    4. Watch video tutorials and look through the answers to the frequently asked questions (FAQ).
    5. Study the list of commodities traded in the Timber Products Section.
    6. Install the software for submitting bids and offers.
    7. Submit your bid or offer in a timely manner in accordance with the trading schedule.
    8. If you are trading with a security deposit, transfer the required amount in compliance with the Regulation on security deposits
    9. On the trading day, make sure there is no “bid submission suspended” message in the Admission section of your Personal account
    10. Install the appropriate software module based on the group of commodities that you intend to buy or sell:
    11. Take part in the trading session at BUCE head office, at its regional branches or via Internet observing the applicable price corridor.
    12. Based on the results of the trading session, use your EDS to sign the exchange contract and the list of executed transactions.
    13. Register your exchange contract within the given deadline.
    14. Promptly pay the exchange fee based on the list of executed transactions.
    15. Notify the Transactions Monitoring Department regarding the fulfillment of executed transactions.

    Useful extras:

    Resolution of the Council of Ministers of the Republic of Belarus dated 16.06.2004 No. 714 “On the development of exchange trade at commodity exchanges”

    Price correction procedure for timber products delivered under long-term contracts made at the Belarusian Universal Commodity Exchange

    Commodities (groups of commodities) listed at BUCE

    Agricultural products

    In the Agricultural Products Section, one can participate in regular trading sessions for a wide range of agricultural products designed for domestic use and for export.

    To start buying and/or selling agricultural products on BUCE follow the steps below:

    1. Get your free electronic digital signature (EDS) and sign an exchange service contract in your Personal account.
    2. Study the Rules of exchange trade and Agricultural products trading regulations.
    3. Sign up for and complete a free training course from which you will learn how to use BUCE trading system.
    4. Watch video tutorials and look through the answers to the frequently asked questions (FAQ).
    5. Study the list of commodities traded in the Agricultural Products Section.
    6. Install the software for submitting bids and offers and for trading.
    7. Submit your bid or offer in timely manner in accordance with the schedule and the current price corridor.
    8. If you are trading with a security deposit, transfer the required amount in compliance with the Regulation on security deposits.
    9. Make sure there is no notification or “bid submission suspended” message in the Admission section of your Personal account.
    10. Take part in the trading session at BUCE head office, at its regional branches or via Internet.
    11. In case of public procurement, adhere to the procedure described here.
    12. Following the trading session, upload to your Personal account and sign the exchange contract and the list of executed transactions using a valid EDS within the deadline indicated in the Rules and Regulations.
    13. Promptly pay the exchange fee based on the list of executed transactions.

    Useful extras:

    Resolution of the Council of Ministers of the Republic of Belarus dated 16.06.2004 No. 714 “On the development of exchange trade at commodity exchanges”

    Commodities (groups of commodities) listed at BUCE

    Promising commodities

    The Promising Commodities Section is designed to:

    • diversify sales markets of Belarusian products and promote sustainable growth of their exports;
    • ensure cheaper imports of highly sought-after foreign goods.

    To start buying promising commodities on BUCE follow the steps below:

    1. Get your free electronic digital signature (EDS) and sign an exchange service contract in your Personal account.

    2. Study the Rules of exchange trade and Trading regulations for promising commodities.
    3. Sign up for and complete a free training course from which you will learn how to use BUCE trading system.
    4. Watch video tutorials and look through the answers to the frequently asked questions (FAQ).
    5. Study the list of commodities traded in the Promising Commodities Section.
    6. Install the software for submitting bids and offers.
    7. Submit your bid or offer in timely manner in accordance with the trading schedule.
    8. If you are trading with a security deposit, transfer the required amount in compliance with the Regulation on security deposits
    9. On the trading day, make sure there is no “bid submission suspended” message in the Admission section of your Personal account
    10. Install the required trading software.
    11. Take part in the trading session at BUCE head office, at its regional branches or via Internet.
    12. Based on the results of the trading session, use your EDS to sign the exchange contract and the list of executed transactions.
    13. Register your exchange contract within the given deadline.
    14. Promptly pay the applicable exchange fee based on the list of executed transactions.
    15. Notify the Transactions Monitoring Department regarding the fulfillment of executed transactions.

    Industrial and consumer goods

    Unlike other BUCE trading platforms, the electronic trading platform of industrial and consumer goods (ICG) is essentially an e-commerce marketplace for the B2B sector. It has no predetermined scheduled and operates 24/4 allowing companies across the globe to buy or sell virtually any commodity with only a few exceptions:

    • goods that are withdrawn from circulation
    • goods that are sold at fixed prices in accordance with the legislation of the Republic of Belarus
    • transactions that corporate entities and sole traders are legally obliged to make at BUCE
    • goods listed under other BUCE trading sections

    To start trading industrial and consumer goods on BUCE follow the steps below:

    1. Get your free electronic digital signature (EDS) and sign an exchange service contract in your Personal account.
    2. Study the Rules of exchange trade and Industrial and consumer goods trading regulations
    3. Sign up for and complete a free training course from which you will learn how to use BUCE trading system.
    4. Watch video tutorials and look through the answers to the frequently asked questions (FAQ).
    5. Study the list of commodities traded in the Industrial and Consumer Goods Section.
    6. Make a bid or offer in the appropriate trading module.
    7. On the trading day, make sure there is no “bid submission suspended” message in the Admission section of your Personal account
    8. Take part in the trading session.
    9. Based on the results of the trading session, use your EDS to sign the exchange contract and the list of executed transactions
    10. Register your exchange contract within the given deadline.
    11. Promptly pay the applicable exchange fee based on the list of executed transactions.
    12. Notify the Transactions Monitoring Department regarding the fulfillment of executed transactions.

    Useful extras:

    Resolution of the Council of Ministers of the Republic of Belarus dated 31.01.2014 No. 88 “On procurement of goods (works, services) and financial settlements between purchasers and suppliers during implementation of construction projects”

    Commodities (groups of commodities) listed at BUCE

  2. Choose participation mode

    Rules of exchange trade provide for two modes of participation in exchange trades:

    • Direct – as a visitor of exchange trades or an exchange broker
    • Indirect – as an exchange broker’s client

    How to become a visitor?

    How to become an exchange broker?

    How to become an exchange broker’s client?

  3. Get registered

    For direct participation in exchange trades one needs to register at BUCE and get a free electronic digital signature (EDS), which requires special software.

    What is EDS?

    Electronic digital signature (EDS) – is a means of ensuring the authenticity of an electronic document or message in digital communication that uses encryption techniques to provide proof of original and unmodified documentation.

    EDS are used in e-commerce, software distribution, financial transactions and other situations that rely on forgery or tampering detection techniques.

    EDS perform the following functions:

    • Prove the authenticity of the document and its source
    • Make sure that the document has not been tempered with
    • Personal identity has been verified.

    ALTERNATIVELY

    Choose a broker

    For indirect participation in exchange trades one needs to choose a BUCE-certified broker company and sign a brokerage contract.

    What are the advantages of trading with a broker?

    Where is the list of certified brokers?

    How to choose a broker?

  4. Learn how to trade

    To benefit most from participation in exchange trade one must be able to use this instrument professionally. Guides and manuals available in the “Training” section as well as workshops regularly held at BUCE head office and regional branches will help you master the art of trading.

  5. Submit a bid or offer

    In order to take part in exchange trades one must submit a bid or offer ahead of a trading session. Bids and offers are submitted by means of special software that is different for each commodity section.

    The only exception is industrial and consumer goods section where bids and offers are submitted via a web interface on BUCE website.

    How to submit a bid/offer for metal products?

    How to submit a bid/offer for timber products?

    How to submit a bid/offer for agricultural products?

    How to submit a bid/offer for promising commodities?

    How to submit a bid/offer in “ICG trading” module?

    How to submit a bid/offer in “ICG procurement” module?

  6. Take part in exchange trades

    To participate in exchange trades in a selected commodity section one needs to download and install special trading software. Once the software is installed, one must check the exchange trades schedule, sign into the trading system using an EDS and take part in the trading session.

    The only exception is industrial and consumer goods section where exchange trades are held 24/7 via a web interface on BUCE website.

    What is an exchange contract?

    How to register a trader?

  1. Get an EDS

    To participate in e-procurements held at the electronic trading platform www.zakupki.butb.by one needs an electronic digital signature. It can be obtained from BUCE or any other Certifying Authority operating in Belarus. If you already have an EDS issued by a third-party Certifying Authority you will have to get an additional authorization certificate from BUCE. Special software required for using the EDS can be downloaded from www.zakupki.butb.by.

  2. Complete the accreditation procedure

    In order to get accredited, use your EDS to sign into your Personal cabinet at the ETP website www.zakupki.butb.by, select your status (procurer, organizer or supplier), generate the required accreditation documents and sign them with your EDS. The accreditation procedure is different for residents of the Republic of Belarus, residents of the Russian Federation and residents of other countries.

  3. Start working

  1. Register

    Only registered users can participate in electronic auctions at the electronic trading platform “BUCE-Property”. Therefore, the first step is to register at http://et.butb.by by filling in a registration form. After that, you will get an email with login and password for your Personal cabinet.

  2. Complete the accreditation procedure

    There are two roles available for “BUCE-Property” users:

    • organizer
    • participant

    For accreditation, log into your Personal cabinet using the login and password you received earlier, generate the required documents, print them, out your signature on each of them and send them to BUCE for review (to the head office or any regional branch).

  3. Start working