The purpose of the study is to determine the relevance of creating a non-ferrous metals exchange for trade between the BRICS member countries. The purpose of the research is to analyze trade relations and the system of interaction between market participants. Based on regulatory documents and data analysis, this article describes the BRICS member countries and their trade in non-ferrous metals. The BRICS Exchange can offer unique trading instruments and contracts that will be of interest to participants from the participating countries. The exchange can also be more flexible in adapting to changes in the global market and the needs of participants, including the rapid introduction of new technologies, the adaptation of trading and clearing rules, as well as a more rapid response to economic and political changes. The creation of an exchange for trading non-ferrous scrap within the BRICS requires not only the development of common standards and rules, but also solving a number of problems in the field of taxation and customs regulation using modern digitalization technologies.