The Tokyo Commodity Exchange and the Singapore Commodity Exchange signed an agreement yesterday (Tuesday June 1) to cross-list key contracts, so as to promote “arbitrage opportunities and overall liquidity”.
The deal was sealed with the signatures of Tadashi Ezaki, president and chief executive of Tocom, and Jeremy Ang, CEO of Sicom, at a meeting in Tokyo.
A Sicom spokesperson said talks were continuing, though at present Sicom is hoping to offer its rubber futures to Tocom market participants, while the Japanese exchange will...