Exchange wants to strengthen ties with JPX and expand into energy, swaps
The Tokyo Commodity Exchange (Tocom) has
revised a number of rules governing its off-floor trading
system after winning regulatory approval earlier this week in
the latest technical change at the ambitious exchange.
The exchange said some block transaction
rules, including those related to eligible participants,
eligible contract months and minimum trade size, were
eliminated on April 1.
"These changes have made block transaction
and posted settlement transaction differences negligible, and
so they have been combined to create an "Off-Floor
Transaction," said the exchange.
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