Tokyo Commodities Exchange to run 24 hours

Discussion in 'Metal Futures' started by ASusilovic, Jun 28, 2007.

  1. Japan’s biggest commodities exchange plans to introduce 24-hour electronic trading. The move by the Tokyo Commodities Exchange is an attempt to attract foreign investors and fend off criticism that it is slowing Tokyo’s drive to become Asia’s leading international financial centre. The world’s largest commodity futures exchanges, such as the New York Mercantile Exchange and the Chicago Mercantile Exchange, offer internet-based trading virtually round the clock, yet Tocom offers only five hours of trading.