The Tokyo Grain Exchange has said minimising costs for its members was the main reason why it struck a deal with the Tokyo Commodity Exchange to license Tocom’s trading platform. Futures and Options Intelligence understands that the trading platform is preliminarily scheduled to be introduced some time between October 2010 and January 2011.
TGE announced the deal on March 16 after Tocom’s board approved it that day. Discussions between the exchanges...