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Tokyo Stock Exchange Group, Inc. (TSE Group) and Tokyo Commodity Exchange, Inc. (TOCOM) have reached an agreement to establish a joint venture company to set up an emissions trading exchange.
TSE is the premier exchange for Japanese cash equities and derivatives products from the perspective of investors both in Japan and abroad.
Tokyo Commodity Exchange, Inc. (TOCOM) is Japan’s largest commodity futures exchange with a trading volume of 41 million contracts, representing an 80% market share, in 2008, and one of the most prominent exchanges in Asia. Futures and Options contracts on a variety of industrial products are traded (i.e.: gold, silver, platinum and palladium in the precious metals market; crude oil, gasoline and kerosene in the oil market; aluminum and rubber).
The TSE Group and TOCOM have vast experience and expertise on forming effective markets and large participant bases in the course of operating their respective securities and commodities exchanges over the years. In addition, both parties will work together to consider the design and rules for the emissions trading exchange.
The joint venture company is also expected to gather opinions from concerned parties for carrying out studies in a wide ranging field related to emissions trading.
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New joint venture company to set up carbon trading exchange: | Sourced From Carbonyatra.com |
Tokyo Stock Exchange G…
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New joint venture company to set up carbon trading exchange: | Sourced From Carbonyatra.com |
Tokyo Stock Exchange G…
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New joint venture company to set up carbon trading exchange …: Sourced From Carbonyatra.com | Tokyo Stock Exc..
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