This article relies largely or entirely on a single source. (May 2021) |
東京商品取引所 | |
Type | Energy exchange |
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Location | Tokyo, Japan |
Coordinates | 35°41′19.3″N 139°46′46.5″E / 35.688694°N 139.779583°E |
Founded | February 1951 November 1984 (as Tokyo Textile Exchange) | (as Tokyo Textile Exchange)
Owner | Japan Exchange Group |
Key people | Takamichi Hamada (President and CEO) |
Currency | JPY |
Commodities |
|
No. of listings | 88 |
Website | jpx.co.jp |
[1] |
The Tokyo Commodity Exchange (Japanese: 東京商品取引所, Hepburn: Tōkyō Shōhin Torihikijo), or TOCOM, is an energy exchange in Tokyo, Japan. TOCOM is operated by Tokyo Commodity Exchange, Inc. (Japanese: 株式会社東京商品取引所, Hepburn: Kabushiki Gaisha Tōkyō Shōhin Torihikijo, Corporate Number: 4010001121906),[2] a wholly owned subsidiary of Japan Exchange Group (JPX).[3] Under the Commodity Derivatives Transaction Act[4] of Japan, It is a licensed commodity exchange operator that provides market facilities for trading of commodity derivatives, physical commodities and commodity price index futures.[5]
TOCOM once operated electronic markets for precious metals, oil, rubber and soft commodities. It offered 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).
JPX acquired TOCOM in 2019 and transferred these exchange-traded derivatives markets except energy derivatives markets to the Osaka Exchange in 2020, which became Japan's largest and one of Asia's most prominent derivatives exchanges.
Today, TOCOM is the only Japanese exchange that offers energy commodities futures on gasoline, kerosene, gas oil, Dubai Crude oil, liquefied natural gas, baseload electricity, peakload electricity, Chukyo gasoline, and Chukyo kerosene.