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The Tokyo Commodity Exchange, Inc. (TOCOM) announced today that the launch of a new physical market for gold, “Gold Physical Transaction”. The number of executed transactions for the first trading day was 14.
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.
Gold Physical Transaction for July 25, 2016
Open price High Low Close Executed Transactions 100 gram 4,558 4,570 4,553 4,553 14 1 kilogram - - - - -
