Tokyo Commodity Exchange (TOCOM), also known as Tokyo Commodity Exchange, was established in Tokyo on June 1984+065438+ 10/day. Its predecessor was Tokyo Textile Exchange, which was established at 195 1, Tokyo Rubber Exchange at 1952 and Tokyo Gold Exchange at 1982. It is the largest platinum and rubber exchange in the world and the only comprehensive commodity exchange in Japan. The exchange is the only comprehensive commodity exchange in Japan, mainly engaged in futures trading, and is responsible for managing futures and options trading of all Japanese commodities. It operates a variety of futures contracts and is one of the few futures exchanges in the world that trade a variety of precious metals. The exchange uses a collective pricing system for cotton yarn, wool and rubber, and a computer system for precious metals. With precious metal trading as the core, the institute has vigorously developed energy commodities such as oil, gasoline and gas oil in recent years. After 1985, it became the largest commodity exchange in Japan in the second year after its establishment, and the trading volume in that year accounted for more than 45% of the total trading volume of the Japanese commodity exchange. Tokyo Industrial Products Exchange is a non-profit membership organization or financial institution established according to the Japanese Commodity Exchange Law promulgated by 1950.
Through unremitting efforts, the exchange has made outstanding achievements, mainly in the continuous increase in trading volume, the increasingly perfect trading system, and the market has grown into an international market at an alarming rate. The trading volume of the exchange soared from 4 million lots of 1985 to 56 million lots of1200, which fully increased by 14 times in a short time of 17. After just over 20 years of development, Tokyo Industrial Exchange has become one of the most influential futures exchanges in the world. Tokyo Industrial Exchange, as a comprehensive commodity exchange with complete varieties, is the largest platinum and rubber exchange in the world at present, and the trading volume of gold and gasoline ranks second in the world, second only to the New York Mercantile Exchange in the United States.