Products available will include crude oil, heating oil, natural gas, gasoline, gold, silver, copper, aluminum, platinum, and palladium futures via the NYMEX ACCESS® electronic trading system. Energy products will be available from 8:00 A.M. to 10:30 P.M. on Mondays and 4:15 A.M. to 10:30 P.M. on Tuesdays through Fridays, Tokyo time. Gold, silver, copper, platinum, and palladium futures will trade from 8:00 A.M. to 9:00 P.M. on Mondays and 3:00 A.M. to 9:00 P.M. on Tuesdays through Fridays; and aluminum futures from 8:00 A.M. to 8:40 P.M. on Mondays and 4:15 P.M. to 8:40 P.M. on Tuesdays through Fridays.
New York Mercantile Exchange Chairman Mitchell Steinhause said, "While we are delighted to be able to directly expand our product base to the Japanese financial markets, this launch is even more significant in that it marks the first results of a partnership between the world's two largest physical commodity exchanges. We anticipate that this alliance will bring many more opportunities and benefits to both of our memberships as well as our customers."
The Tokyo Commodity Exchange Chairman NANGAKU Masaaki said, "We are very glad that our discussions have produced a great fruition as a form of cooperation. This is to facilitate energy and metals trade around the clock via NYMEX electronic trading platform in Japan. The alliance between NYMEX and TOCOM will offer great opportunities for Japanese traders and we hope the alliance will encourage members of both exchanges to benefit each other."
*All trading hours are converted based on US summer time.
