Skip to content
An official website of the Velocity Interoperability Network

Press Release ·

The Commerce Department has been formally established and today launches its official website at commerce.gov.vin, where the register of licensed markets, trader licensing guidance and the competition rules of the Network are published.

The columned stone facade of a public office building
Photo: Donald Wu

Markets and trading

  • Markets

    The register of twelve licensed markets at the principal sites, their market days and the rules that apply to them.

  • Trader Licensing

    Who needs a trader licence, how to apply from 7 September 2026, and how provisional registrations were converted at establishment.

  • Fees and Charges

    The schedule of licence fees, maximum pitch charges and merger notification fees in force from 7 September 2026.

  • Competition

    The competition rules of the Network, the thresholds for notifying a merger and how to make a complaint.

  • Statistics

    Licences issued, market capacity and competition casework at establishment, with the schedule of quarterly bulletins.

  • Frequently asked questions

    Common questions on trading at a market, holding a licence and the Department's competition work.

Latest announcements

All news

About the Department

The Commerce Department of the Velocity Interoperability Network is responsible for markets, competition and trader licensing within the Velocity Interoperability Network.

It licenses and supervises the markets at the sites of the Network, licenses the traders who sell there and elsewhere, applies the competition rules to agreements, conduct and mergers between undertakings, and publishes statistics on all three.

About the Department

The columned stone facade of a public office building
Photo: Donald Wu

Milestones

  1. 6 September 2026

    Department established

    Responsibility for the licensing of markets and traders and for the competition rules of the Network.

  2. 6 September 2026

    commerce.gov.vin launched

    Press releases, the register of licensed markets, licensing guidance and the competition rules published on the official website.

  3. 6 September 2026

    Register, licensing and competition rules published

    Twelve markets licensed with 1,084 pitches, 3,146 trader licences converted from provisional registrations, applications open from 7 September, and the competition rules and complaints procedure published.

  4. Forthcoming

    First quarterly bulletin

    The Department's first quarterly bulletin, covering the quarter ending 30 September 2026, and decisions on the 218 applications under assessment will be announced in the Newsroom.

History of the Department