C-Com cleared to launch gold futures - Future and Options Intelligence

C-Com cleared to launch gold futures 07 Sep 2009

The Central Japan Commodity Exchange has won approval from Japan’s regulators to introduce gold futures, the exchange said last Friday (September 4).

The Nagoya-based exchange plans to start trading on Tuesday October 13, but the launch date will be officially determined at the C-Com board meeting on Friday September 11.

C-Com obtained official permission to introduce dollar-denominated gold futures from the Ministry of Economy, Trade...

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“Singapore is an energy region. In fact, it’s a global energy hub. It makes perfect sense to set up an energy team here, and for base metals it is the same. China is a big consumer now of base metals. To have an office nearby makes perfect sense.”

Terence Noe, Asia Pacific head of exchange-traded commodity derivatives at UBS in Singapore, comments on why several banks have set up mining and energy-related derivatives teams in Asia

FOi - Futures and Options Intelligence

C-Com cleared to launch gold futures 07 Sep 2009

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