TOCOM Plans to Launch Electricity Futures on September 17 

Tokyo Commodity Exchange Electricity Futures

Tokyo Commodity Exchange Electricity Futures

Press Release from Tokyo Commodity Exchange

 (Tokyo, August 9, 2019) The Tokyo Commodity Exchange announced today regulatory approval for electricity futures. TOCOM applied for a trial listing for futures contracts with the Ministry of Economy, Trade and Industry and the Ministry of Agriculture, Forestry and Fisheries on March 27th and it was announced in the official gazette dated April 25.

The new electricity contracts are slated to commence trading on September 17. The exchange will simultaneously rename the Oil Market the “Energy Market”, with electricity futures one component.

Takamichi Hamada, CEO and President of TOCOM commented, “We intend to serve as a public utility service supporting the basis for Japan’s energy policy and carry out the public mission of a regulated exchange operator with transparent benchmark prices and opportunities for hedging on the new electricity futures market”. 

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