Definitions for "Tokyo Commodity Exchange"
Tokyo exchange for trading futures on gold, silver, platinum, palladium, rubber, cotton yarn, and woolen yarn.
The Japanese futures exchange, which has offered platinum contracts since 1984 and palladium contracts since 1992. Unlike NYMEX, trading of these contracts is conducted electronically and not by open outcry. TOCOM trading also differs in that the exchange does not act as the counterparty for all members through the clearing process.
since July 1999, this exchange has listed yen- based gasoline and kerosene futures based on the Japanese market.