December 27, 2016 BY Valentina Kirilova

TOCOM launches oil physical market and begins publication of oil physical index prices

The Tokyo Commodity Exchange, Inc. (TOCOM) announced that it received regulatory approvals from the Minister of Agriculture, Forestry and Fisheries as well as the Minister of Economy, Trade and Industry to “launch an oil physical market as a concurrent business of a commodity exchange”. The Exchange plans to start operations on January 11, 2017. For…

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