Tokyo Commodity Exchange - TOCOM

AAA

DEFINITION of 'Tokyo Commodity Exchange - TOCOM'

The largest marketplace in Japan, and one of the largest marketplaces in the world, for the buying and selling of raw or primary goods, such as natural resources. The Tokyo Commodity Exchange was formed in November 1984 when the Tokyo Textile Exchange, Tokyo Rubber Exchange and Tokyo Gold Exchange merged. TOCOM is a for-profit stock company.

INVESTOPEDIA EXPLAINS 'Tokyo Commodity Exchange - TOCOM'

Through the Tokyo Commodity Exchange, which uses an electronic trading system, investors can trade contracts for rubber, gold, silver, crude oil, gasoline, gas oil, kerosene, platinum and palladium. Gold sees the highest trading volume of all the commodities traded on the exchange, followed by platinum, gasoline, crude oil and rubber.



RELATED TERMS
  1. Nasdaq

    A global electronic marketplace for buying and selling securities, ...
  2. Futures

    A financial contract obligating the buyer to purchase an asset ...
  3. New York Stock Exchange - NYSE

    A stock exchange based in New York City, which is considered ...
  4. Tokyo Stock Exchange - TSE

    The largest stock exchange in Japan, headquartered in its capital ...
  5. Toronto Stock Exchange - TSX

    The largest stock exchange in Canada. The Toronto Stock Exchange ...
  6. Commodity Exchange Act - CEA

    An act passed in 1936 by the U.S. Government that provides federal ...
Related Articles
  1. How To Invest In Commodities
    Investing Basics

    How To Invest In Commodities

  2. Commodities: The Portfolio Hedge
    Active Trading

    Commodities: The Portfolio Hedge

  3. Commodity Prices And Currency Movements
    Forex Education

    Commodity Prices And Currency Movements

  4. Trading The Soft Commodity Markets
    Options & Futures

    Trading The Soft Commodity Markets

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center