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TOCOM September 2012 Volume Up 55.4% with 120,650 Contracts per Day

TOKYO--(BUSINESS WIRE)-- The Tokyo Commodity Exchange (TOCOM) announced today that September 2012 trading volume averaged 120,650 contracts per day, up 55.4% from August 2012.

Average daily volume increased for all TOCOM contracts on a month-over-month basis: Trading in Gold, the most active product at TOCOM, was up 67.8% to 58,241 contracts. The Gold Mini was up 67.4% to 10,175 contracts and Platinum was up 56.4% to 19,026 contracts.

Recent announcements of additional stimulus plans by the central banks of Japan and the United States are estimated to have improved market sentiment. The Federal Reserve Bank announced a third quantitative easing in its FOMC statement of September 13. The Bank of Japan revealed new monetary easing plans on September 19.

Open interest at the end of July for all listed contracts totaled 321,803, a decrease of 6,877 (2.09%) from the prior month.

TOCOM – Trading Volume Breakdown (Main products)

Monthly Trading Volume Average Daily Volume
Contract Sept. ’12 August ‘12 Sept. '12 August ‘12 month-to-month
change
year-to-year change
Gold 1,106,584 798,314 58,241 34,709 67.8% -39.7%
Gold Mini 193,322 139,834 10,175 6,080 67.4% -54.5%
Silver 16,752 10,323 882 449 96.4% -25.6%
Platinum 361,503 279,762 19,026 12,164 56.4% 37.4%
Platinum Mini 26,853 20,369 1,413 886 59.6% 16.1%
Crude Oil 105,570 106,298 5,556 4,622 20.2% 10.7%
Gasoline 196,410 192,028 10,337 8,349 23.8% 26.6%
Kerosene 54,317 57,792 2,859 2,513 13.8% -2.2%
Gas Oil 853 169,906 45 33 35.2% 3.1%
Rubber 219,216 1,785,416 11,538 7,387 56.2% 42.7%
Total 2,292,357 2,188,114 120,650 77,627 55.4% -24.8%

The whole summary of September 2012 activities at TOCOM including news items such as “TOCOM to Amend Contract Specs of Gold Mini and Platinum Mini” and “TOCOM Files Application to Launch Agricultural and Sugar Market” is available online.

About Tokyo Commodity Exchange (TOCOM)

Tokyo Commodity Exchange, Inc. (TOCOM) is Japan's largest commodity futures exchange with a trading volume of 34.5 million contracts, representing nearly 91.7% market share, in 2011, and one of the most prominent exchanges in Asia. Futures and Options contracts on a variety of industrial products such as gold, platinum (precious metals market), crude oil, gasoline, kerosene gas oil (oil market), RSS3 (rubber market) are traded electronically. In February 2013, TOCOM plans to launch an agricultural market listing soybeans, azuki (red bean), corn and raw sugar. TOCOM was established in 1984 as a result of a merger between Tokyo Textile Exchange, Tokyo Rubber Exchange and Tokyo Gold Exchange.

TOCOM's recent achievements include launching a new trading platform based on the Nasdaq OMX technology and extending the night session until 4:00 JST to overlap US and European business times. www.tocom.or.jp/

Tokyo Commodity Exchange, Inc.
Keiko Koyama, +81 3 3661 1660
Global Business Development (global media relations)
koyama@tocom.or.jp

Source: Tokyo Commodity Exchange, Inc.