Tokyo Commodity Exchange launched the current trading platform based on the Nasdaq OMX technology in 2009. TOCOM will use Japan Exchange Group’s new derivatives trading platform, Next J-Gate, from September 2016. Tokyo Commodity Exchange Tokyo Commodity Exchange, also known as TOCOM, is Japan’s largest and one of Asia’s most prominent commodity futures exchanges. TOCOM operates electronic markets for precious metals, oil, rubber and soft commodities. It offers futures and options contracts for precious metals (gold, silver, platinum and palladium); energy (crude oil, gasoline, kerosene and gas oil); natural rubber and agricultural products (soybeans, corn and azuki). TOCOM was established in 1984 with the
Commodity price index Commodity price index A commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices. It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals. It is an index that tracks a basket of commodities to measure their performance. These indexes are often traded on exchanges, allowing investors to gain easier access to commodities without having to enter the futures market. The value of these indexes fluctuates based on their underlying commodities, and this value