TOCOM Gasoline - Dot Commodity is Japan's Largest Online Commodity Broker

TOCOM Gasoline

The TOCOM gasoline futures contract was first listed in 1999 and is one of the most popular contracts traded on the Tokyo Commodity Exchange (TOCOM) due to its volatility and ample liquidity. Market participants include commercial oil companies, investment and commodity index funds and speculators. The gasoline contract has the heaviest trading volume and highest open interest of all oil and petroleum based product offerings on TOCOM. The contract months are offered for six consecutive months. TOCOM gasoline futures contracts are physically deliverable to exchange designated refineries and oil tanks located in Tokyo, Kanagawa and Chiba in Japan.

The contract grade is regular gasoline JIS K2202 Grade 2 and refined in Japan or previously passed through customs. The standard unit size of 1 futures contract is 50 kiloliters (about 13,200 gallons) and the deliverable unit size is 100 kiloliters (kl) or 2 contracts. As all TOCOM commodity futures contracts, gasoline futures are traded continuously on an electronic platform during the hours written below.

Trading Hours

Day Session 9:00 a.m. to 3:30 p.m. (JST) Night Session 5:00 p.m. to 4:00 a.m.. (JST) Day Session: 0:00 a.m. - 6:30 a.m.(LDN) Night Session: 8:00 a.m. - 7:00 p.m.(LDN) (Daylight Savings Time) Day Session: 1:00 a.m. - 7:30 a.m.(LDN) Night Session: 9:00 a.m. - 8:00 p.m.(LDN) Day Session: 7:00 p.m. - 1:30 a.m.(NY) Night Session: 3:00 a.m. - 2:00 p.m. (NY) (Daylight Savings Time) Day Session: 8:00 p.m. - 2:30 a.m. (NY) Night Session: 4:00 a.m. - 3:00 p.m. (NY)

Click on the link below to get more details on the TOCOM Gasoline futures contract.

http://www.tocom.or.jp/guide/youkou/gasoline/index.html

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