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Tokyo Commodity Exchange: Regulatory Action Against A Trading Participant Including Suspension Of Trading (DAIICHI COMMODITIES CO., LTD.)

Date 11/08/2020

TOCOM has imposed regulatory action against a trading participant including suspension of trading.

Name of Trading Participant: DAIICHI COMMODITIES CO., LTD.

1. Detail of suspension of trading

Suspension of trading in respect of Commodity Futures Business in Energy Market and Chukyo-oil Market

Excluding cases where the trading to complete of transactions on customers’ accounts

Period of Suspension: From August 17, 2020 to September 11, 2020 (20 business days)

2. Reason of suspension of trading

Regulatory action pursuant to the provisions of Article 155, paragraph (1) of Market Rules due to an order of suspension of the Commodity Futures Business from the Minister of Agriculture, Forestry and Fisheries, and the Minister of Economy, Trade and Industry pursuant to the provisions of Article 236, paragraph (1) of Commodity Futures Act.