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Tokyo Commodity Exchange’s Application For Regulatory Approval For New Electricity Futures Market Notified In Official Gazette Today

Date 25/04/2019

The Tokyo Commodity Exchange announced today the publication of its application for the trial listing of electricity futures in the official gazette. The application was originally submitted on March 27th to the Ministry of Economy, Trade and Industry and the Ministry of Agriculture, Forestry and Fisheries.

The Exchange will launch electricity futures once regulatory approval is granted with the intention of contributing to the development of Japan’s economy by offering transparent benchmark prices and opportunities for hedging.