TOCOM Receives Authorization from Singaporean Regulator as a Recognised Market Operator



The Tokyo Commodity Exchange, Inc., announced that the Monetary Authority of Singapore (MAS) has granted TOCOM with “Recognized Market Operator” (“RMO”) status. The announcement in Singapore on June 26th went into effect on July 1st and permits TOCOM to offer Singapore-based market participants with direct market access.

President and CEO of TOCOM Tadashi Ezaki said, “This authorization greatly advances our efforts to enhance market accessibility for our overseas market participants. Singapore has always been, and continues to be, one of the most important global financial centers for TOCOM. A significant proportion of our overseas business originates in Singapore and RMO status opens new opportunities for existing and prospective customers through improved market access.”

Over the past two years, TOCOM received approvals from two other foreign regulators. TOCOM was given “Recognized Body” status from Dubai Financial Services Authority on June 28, 2012 and “Automated Trading Service” from Securities and Futures Commission of Hong Kong on February 19, 2014.