The consolidation of Japan’s derivatives exchanges accelerated again when Tocom said it would be interested in listing three of Tokyo Grain Exchange’s most active futures.
The idea echoes Tocom’s recent agreement to
take over the Gasoline and Kerosene Futures listed by the
Central Japan Commodity Exchange, creating an expectation that
C-Com will cease to exist.
Several media sources in Japan have speculated that TGE is
seeking a merger with Tocom, though both have denied this.