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The Tokyo Commodity Exchange, Inc. released today the comments made by Takamichi Hamada, President & CEO, commemorating the first anniversary of the Gold Rolling Spot contract.
“The Gold Rolling Spot contract was launched on May 7, 2015 and has quickly become one of the most actively traded contracts at TOCOM. Through April 2016, average daily volume increased by 37 percent to over 16,000 contracts. April open interest was over 85,000 contracts, close to double the 43,610 contracts at the end of May 2015. TOCOM Gold Rolling Spot has its largest block of volume collected in Asia, where a number of new gold markets have been launched by regional and international exchanges.
The Exchange considers the recent success of Gold Rolling Spot to be attributed to a high-quality product that is meeting the needs of a specific class of investor. In addition there has been a good deal of understanding and support provided by the futures commission merchants."
[ TOCOM Gold Rolling Spot - Volume and Open Interest ] 
Notes: Gold Rolling Spot (launched May 7, 2015)
- ADV: 16,319 contracts for Apr 2016, up 37.1% from 11,902 contracts for May 2015
- OI: – 85,337 contracts for Apr 2016, up 95.7% from 43,610 contracts for May 2015.
- Highest daily volume: 29,471 contracts on Nov 30, 2015
- Highest daily open interest: 87,200 contracts on Jan 12, 2016
