Tokyo Commodity Exchange

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Tokyo Commodity Exchange
東京商品取引所
Tokyo Commodity Exchange.jpg
Type Commodity exchange
Location Tokyo, Japan
Founded February 1951; 66 years ago (1951-02) (as Tokyo Textile Exchange)
November 1984 (1984-11) (as Tokyo Textile Exchange)
No. of listings 88
Website [1]

Tokyo Commodity Exchange, Inc. (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[edit]

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.

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