The Tokyo Commodity Exchange, Inc. announced today that HGNH International Futures Co. Ltd. of Hong Kong has become the first Remote Broker Member. HGNH International Futures is a wholly owned affiliate of Nanfua Futures Co., Ltd., one of the major mainland Chinese futures commission merchants. They are entitled to participate in the Rubber market at a clearing agreement with Phillip Securities Japan, Ltd.
TOCOM Remote Broker Members are foreign entities licensed as equivalent to Commodity Derivatives Business Operators (i.e: FCMs) in the country where the office is located. They may trade on their own account (i.e: proprietary account) as well as on behalf of their customers (i.e: customer account) and will have direct access to TOCOM markets. Although a business location in Japan is not a requirement, Remote Broker Members must designate its clearing broker.
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HGNH International Futures Co. Ltd.
Office address: 9/F,KA WAH BANK CENTRE 232 DES VOEUX ROAD CENTRAL, HONG KONG
Representative: YU Zhenzhou, General Manager
Foundation: June, 2006
Membership for other exchanges: ICE Futures Europe?DGCX?HKEx?SGX, exc.,