On July 25, 2016, the Tokyo Commodity Exchange, Inc. (TOCOM) launched a new physical market for gold, “Gold Physical Transaction”. TOCOM is the only regulated exchange that operates a gold market in Japan and gold is the most actively traded commodity at the Exchange. With the launch of this Gold Physical, TOCOM provides a single platform where market participants can trade gold in futures and physical at transparently formed prices.
In addition to futures and options, TOCOM plans to expand into OTC and physical commodity markets to create a reliable, “comprehensive commodity market” to better cater to the diverse needs of market participants.
Data Sources: TOCOM | Effective Date: July 25, 2016