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Meaning / Definition of
Tokyo Commodity Exchange
Categories: Global, Options, Investing and Trading, Futures,
TOCOM. The organization in Tokyo, Japan which regulates the trading of commodities. Commodities are traded either through futures or options contracts. This organization was formed in 1984 by the merger of the Tokyo Gold exchange, the Tokyo Rubber Exchange, and the Tokyo Textile Exchange. Some of the commodities that are exchanged in this market are oil, rubber, and metals such as gold and silver.
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