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Tokyo Commodity Exchange

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Tokyo Commodity Exchange
東京商品取引所
TypeCommodity exchange
LocationTokyo, Japan
Coordinates35°41′19.3″N 139°46′46.5″E / 35.688694°N 139.779583°E / 35.688694; 139.779583
FoundedFebruary 1951; 73 years ago (1951-02) (as Tokyo Textile Exchange)
November 1984 (1984-11) (as Tokyo Textile Exchange)
OwnerTokyo Commodity Exchange, Inc.
Key peopleTakamichi Hamada
(President and CEO)
CurrencyJPY
Commodities
  • Precious metals
  • Rubber
  • Aluminum
  • Oil
  • Agricultural products
  • Sugar
No. of listings88
WebsiteOfficial website
[1]

Tokyo Commodity Exchange, also known as TOCOM, is Japan's largest and one of Asia's most prominent commodity futures exchanges. TOCOM operates electronic markets for precious metals, oil, rubber and soft commodities. It offers futures and options contracts for precious metals (gold, silver, platinum and palladium); energy (crude oil, gasoline, kerosene and gas oil); natural rubber and agricultural products (soybeans, corn and azuki).

History

TOCOM was established in 1984 with the merger of the Tokyo Textile Exchange, founded in 1951, the Tokyo Rubber Exchange and the Tokyo Gold Exchange. The exchange became a for-profit shareholder-owned company in 2008.

It launched the current trading platform based on the Nasdaq OMX technology in 2009. TOCOM will use Japan Exchange Group's new derivatives trading platform, Next J-Gate, from September 2016.

References

  1. ^ "Corporate Profile". Tokyo Commodity Exchange Inc. Retrieved April 23, 2017.

External links