Phillip Securities Japan Acquires Membership of TOCOM Agricultural Product & Sugar Market

7.19.2013

 

The Tokyo Commodity Exchange announced today that Phillip Securities Japan, Ltd. acquired Broker Membership of TOCOM’s Agricultural Product & Sugar Market as of July 18. Phillip Securities Japan, a Japanese subsidiary of Phillip Capital, a major Singapore based financial institution, has traded on TOCOM as a Broker Member of the Precious Metals, Oil and Rubber Markets since May, 2012. With the new membership, Phillip Securities Japan is eligible to trade and clear for its global customers in the Agricultural Product & Sugar Market, which lists soybean, azuki (red bean), corn and raw sugar futures contracts. .

The Exchange welcomes Phillip Securities Japan’s expanded participation in the TOCOM markets and expects that it helps advance diversification of the customer base and activation of trades in the Agricultural Product & Sugar Market, which was launched in February 2013.

Number of TOCOM Members Per Market (as of July 18)

Markets

Precious Metals

Rubber

Oil

Chukyo-
Oil

Aluminum

Agricultural Product & Sugar

Total

Membership
 (Broker Membership)

50(19)

33(19)

50(19)

38(16)

20(12)

41(18)

93(19)

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