Summary Of March 2016 Activities At Tokyo Commodity Exchange - TOCOM Yearly Volume For Fiscal 2015 Increases By 15.3% - March Volume Averaged 113,028 Contracts Per Day, Down 15.5%

The Tokyo Commodity Exchange announced today that the trading volume for fiscal 2015 (April 2015 - March 2016) totaled 26,159,658 contracts, up 15.3% from the prior year. Average daily volume was 106,774 contracts, up 15.8%. The market was active as price volatility increased with turmoil in emerging economies, including China. Other causes include a slump in crude oil and other commodities and a negative interest rate stance adopted by global central banks, such as BOJ.

Average daily volume for March 2016 was down 15.5% to 113,028 contracts. Rubber volume increased significantly with a 35.9% gain to 10,783 contracts. It was not enough to overcome decreases in TOCOM’s major products; Dubai Crude Oil was down 31.8% to 23,355 contracts and Gold Standard was down 15.5% to 39,204 contracts. The market was directionless in March with uncertainly over an economic recovery persisting.

End-March open interest for all products was 384,365 contracts, a decrease of 225 (4.4%), from the end of February.

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