Tokyo Commodity Exchange

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Tokyo Commodity Exchange
Japan Exchange Group logo.svg
TOCOM uses the logo of its parent company, the Japan Exchange Group.
Tokyo Commodity Exchange.jpg
Type Commodity exchange
LocationTokyo, Japan
Coordinates 35°41′19.3″N139°46′46.5″E / 35.688694°N 139.779583°E / 35.688694; 139.779583
FoundedFebruary 1951;72 years ago (1951-02) (as Tokyo Textile Exchange)
November 1984 (1984-11) (as Tokyo Textile Exchange)
Owner Japan Exchange Group
(Tokyo Commodity Exchange, Inc.)
Key peopleTakamichi Hamada
(President and CEO)
Currency JPY
  • Precious metals
  • Rubber
  • Aluminum
  • Oil
  • Agricultural products
  • Sugar
No. of listings88

Tokyo Commodity Exchange, also known as TOCOM, is Japan's largest and one of Asia's most prominent commodity futures exchanges. TOCOM operates electronic markets for precious metals, oil, rubber and soft commodities. It offers futures and options contracts for precious metals (gold, silver, platinum and palladium); energy (crude oil, gasoline, kerosene and gas oil); natural rubber and agricultural products (soybeans, corn and azuki).



Logo prior to JPX acquisition in 2019 Tokyo Commodity Exchange logo.svg
Logo prior to JPX acquisition in 2019

TOCOM was established in 1984 with the merger of the Tokyo Textile Exchange, founded in 1951, the Tokyo Rubber Exchange and the Tokyo Gold Exchange. The exchange became a for-profit shareholder-owned company in 2008.

It launched the current trading platform based on the Nasdaq OMX technology in 2009. TOCOM will use Japan Exchange Group's new derivatives trading platform, Next J-Gate, from September 2016.

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Japan Exchange Group, Inc., abbreviated as JPX or Nippon Torihikijo, is a Japanese "financial instruments exchange holding company" subject to the regulations of the Financial Instruments and Exchange Act enforced by the Financial Services Agency. JPX owns three licensed "financial instruments exchange" corporations: Tokyo Stock Exchange, Inc. (TSE), Osaka Exchange, Inc. (OSE), and Tokyo Commodity Exchange, Inc. (TOCOM). It was formed by the merger of TSE and OSE on January 1, 2013. As a result of this merger and market reorganization, TSE became the sole securities exchange of JPX and OSE became the largest derivatives exchange of JPX. In 2019, JPX acquired TOCOM to expand derivatives trading business in the commodity market. It also has an IT services and research arm, JPX Market Innovation & Research, Inc. (JPXI), a self-regulatory body, Japan Exchange Regulation (JPX-R), and a central clearing counterparty, Japan Securities Clearing Corporation (JSSC). As of June 2021, it is the world's fifth-largest stock exchange operator, behind NYSE, NASDAQ, SSE, and HKSE.

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  1. "Corporate Profile". Tokyo Commodity Exchange Inc. Retrieved April 23, 2017.