Japan's first integrated stock and commodity futures bourse opens in Osaka

published 27.07.2020 17:38

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Japan Exchange Group Inc. on Monday began futures trading in commodities including gold at its Osaka Exchange unit, offering the first one-stop trading platform in Japan for financial and commodities futures.

Amid sluggish commodity futures trading in Japan, the Osaka Exchange enables combined trading using a single account to provide a more user-friendly service.

The Osaka Exchange had handled financial derivatives such as stock and government bond futures.

It took over futures trading operations for precious metals, rubber and farm goods from the Tokyo Commodity Exchange, known as Tocom, after Japan Exchange Group, which also runs the Tokyo bourse, merged the commodity exchange last year.

In many overseas markets, both financial and commodity futures trading is offered by a single bourse.

by Internal Submission from japantimes.co.jp

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