Tokyo Commodity Exchange: Taiwanese Regulator Recognizes Platinum Rolling Spot As “Eligible Foreign Futures”

The Tokyo Commodity Exchange (TOCOM) announced today that the Platinum Rolling Spot Futures contract has been recognized by the Financial Supervisory Commission (FSC) of Taiwan as “eligible foreign futures” for Taiwanese traders.

 Since Platinum Rolling Spot launched in March 2017 trading volume and open interest has increased steadily. In October, monthly volume accounted 10.0 percent of the Exchange’s total volume. At the end of the month open interest was over 50,000 contracts.

At TOCOM, international customer trades constitute approximately half of exchange trading volume (46.8% in October 2017). We intend to capitalize on this development by actively promoting our market to Taiwanese investors with local brokers. This will include seminars and a marketing campaign.

A total of 17 of TOCOM’s listed commodities have been recognized as eligible foreign futures by the FSC: Gold, Gold Mini, Gold Rolling Spot, Silver, Platinum, Platinum Mini, Platinum Rolling Spot , Palladium, Platts Dubai Crude Oil, Gasoline, Kerosene, Chukyo-Gasoline, Rubber, Soybean, Corn, Raw Sugar and Azuki