TOCOM to Revise Contract and Delivery Units of Soybean Futures



The Tokyo Commodity Exchange, Inc. announced today that it received regulatory approvals from the Ministers of Agriculture, Forestry and Fisheries and Economy, Trade and Industry to revise the contract and delivery units of Soybean futures. The contract and delivery units will be changed from 10,000 kilograms (10 tonnes) to 25,000 kilograms (25 tonnes) respectively to serve needs of commercial participants and investers more efficiently. The change will take effect as of the beginning of the night session on April 15, 2015 when the April 2016 contract month is generated. The revised contract specifications are applicable to the contract months April 2016 and onwards.