TOCOM Suspends Trading of Raw Sugar Futures

1.30.2015

 

The Tokyo Commodity Exchange, Inc. announced today the suspension of all trading of the Raw Sugar futures as of the close of day session on January 30, as per the announcement made on January 9. The Exchange received regulatory approval for this suspension from the Ministers of Agriculture, Forestry and Fisheries, as well as Economy, Trade and Industry on January 28.

Along the suspension of trades, Raw Sugar futures will be removed as a component of the Nikkei-TOCOM Commodity Index, the Nikkei-TOCOM Nearby Month Commodity Index and the Nikkei-TOCOM Agricultural Product & Sugar Index effective as of February 2, 2015. Component weightings of the respective indices will be revised and the Nikkei-TOCOM Raw Sugar Index will also be discontinued. 

 

 

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