Tokyo Financial Exchange And Central Japan Commodity Exchange Sign MOU

The Central Japan Commodity Exchange (C-Com) and Tokyo Financial Exchange Inc. (TFX) today announced that they have signed a Memorandum of Understanding (MOU) to establish a cooperative relationship.

By signing this MOU, C-Com and TFX will exchange information on issues such as the development of new products, trading rules and systems and discuss the potential for further cooperation, to strengthen the function of both exchanges and improve convenience for market participants.

C-Com’s Chairman & CEO, Mr. Fumihiko Kimura, said, “I am so pleased to have formed a framework of cooperation with TFX through the signing of this Memorandum under the current environment, which is drastically changing at an unprecedented pace. I strongly expect this collaboration to promote the development of both the commodity futures and financial markets.”

Mr. Jiro Saito, President and CEO of TFX, stated “Signing this MOU with C-Com is very significant for TFX, which operates financial derivatives markets. I believe that cooperation between the two exchanges and the sharing of information based on knowledge and experience in the financial market and the commodities market will contribute to the future development of both markets in Japan”.