All Entries in the "Tokyo Commodity Exchange (TOCOM)" Category
TOCOM February 2012 Trading Statistics
Tokyo Commodity Exchange (TOCOM) announced March 7 that February 2012 trading volume averaged 112,767 contracts per day, up 4.7% from January 2012, down 4.5% from February 2011. All products except Gold Standard, which is the most traded at TOCOM, increased from January 2012: Gold mini up 39.8% to 17,144 contracts; Crude oil and oil products [...]
Summary of December 2011 Activities at TOCOM
Tokyo Commodity Exchange (TOCOM) announced January 10 that December 2011 trading volume averaged 112,492 contracts per day, down 5.3% from November 2011 with year on year volume up 8%. There was a significant drop in average daily volume for Crude Oil (down 10.4% to 5,190 contracts) and Rubber (down 35.4% to 7,502 contracts). The decreases [...]
Tadashi Ezaki TOCOM President New Year’s Message
Let me begin by wishing you all a very happy New Year! The year 2011 was a year of unprecedented challenges at home and abroad, with the devastation caused by the Great East Japan Earthquake and the following tsunami, as well as the financial crisis triggered by sovereign debt problems that spread rapidly around the [...]
TOCOM November 2011 Statistics
TOCOM November Average Daily Volume Down 7.7% from October. Tokyo Commodity Exchange (TOCOM) announced December 9 that November 2011 trading volume averaged 118,776 contracts per day, down 7.7% from October 2011 with the year over year volume down 14.0%. There were increases in average daily volume for Rubber (up 21.8% to 11,637 contracts) and Gold [...]
TOCOM Statement on Trading Disruption on November 1
An investigation conducted by the Exchange has determined that the problem resulted from the following cause: 1. Occurrence of Disruption At 7:07 p.m. on November 1, 2011, the Exchange discovered a defect bid/ask price indications for the Gold Standard, October 2012 contract. At 19:17 JST, in accordance with Exchange business rules, Gold Standard, Gold Mini [...]
TOCOM Statement on Trading Disruption on November 1
Tokyo Commodity Exchange (TOCOM) halted trading session for Gold Standard, Gold Mini and Gold Options contracts at 19:17 JST on November 1, 2011 until the end of the session at 4:00 JST on November 2, due to the defect in the bid and asked price indications for Gold Market. Having confirmed that the system trouble [...]
TOCOM Amends Give-Ups
1. Give-up System Amendments * Under the current system, Give-ups are permitted within the same clearing period. The amendment permits Give-ups are until third business day after a transaction (T+3). (“Back Date Give-up”) * Expansions of Foreign Commodity Futures Brokers related Give-ups. 2. Background reasoning for the introduction of Back Dated Give-ups * TOCOM’s current [...]
TOCOM Progress Report on Solving Circuit Breaker Problem
Since the night session of September 26, we have implemented the immediate measures for adjusting CB trigger levels. Now that we have finished modifying the relevant code and conducting verification tests, we would like to report on the findings of the investigation and the scheduled operation. 1. Problem cause The cause of the problem is [...]
Summary of July 2011 Activities at TOCOM
Tokyo Commodity Exchange (TOCOM) announced August 4 that July 2011 trading volume averaged 113,785 contracts per day, up 5.1% from June 2011 and up 16.8% from June 2010. The gold contract, TOCOM’s most traded product, increased by 20.3% to 63,342 contracts per day, and Gold mini increased by 16.4% to 10,902 contracts per day. On [...]
TOCOM Appoints Director Nominees for the Next Term
Tokyo Commodity Exchange, Inc. (“TOCOM”) announced June 13 the directorate nominees for the next term as the current term of the ten members of the board of directors is to terminate at the close of the second annual shareholders meeting on June 21, 2011. Below is the list of the nominees and they are scheduled [...]
