TOCOM Launches Physical Market for Gold

The Tokyo Commodity Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Inc. (TOCOM) today announced the launch of Gold Physical Transaction, a new physical market for gold. The exchange has at the same time reported that the number of executed transactions for the first trading day was 14.

TOCOM is the only regulated exchange which operates a gold market in Japan and is the most actively traded commodity at the exchange. With the launch of Gold Physical, TOCOM provides a single platform where market participants can trade gold in futures and physical at transparently formed prices.

Expansion

With a stock capitalisation of ¥1.989 billion, TOCOM's principal business is in the operation of commodity markets for dealing in futures of commodities including precious metals, rubber, aluminium, oil and agricultural products.

In addition to futures and options, TOCOM plans to expand into OTC and physical commodity markets to create a reliable, comprehensive commodity market which will better cater to the diverse needs of market participants.

Finance Magnates last reported on the exchange's expanding activities in June this year after it announced the signing of a Memorandum of Understanding (MOU) with Huatai Futures to establish a cooperative relationship between the two entities. Both parties agreed to develop mutually beneficial business opportunities and pursue projects that could increase market Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, reliability and operating efficiency.