Non-Japanese customer trades into Tokyo Commodity Exchange
(Tocom) have tripled in recent years with even more
business expected should the exchange receive Commodity Futures
Trading Commission (CFTC) clearance to market into the US.
The share of foreign trades among client transactions jumped
from 3.9% of business in 2000 to 12.7% last year according to
exchange data. House account trades by Tocom members are
excluded. A Tocom spokesperson told FO Week that the increase
is partly due to the introduction of the exchange's in-house
clearing system as well as global ISVs connecting to the
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.