Gold futures is the signature contract offered on TOCOM as it enjoys the highest daily trading volume and largest open interest level among all of the commodity futures product offerings on TOCOM. TOCOM gold futures enjoy wide interest among professional and retail traders alike because ample liquidity offers traders the opportunity to easily enter and exit positions. Additionally, TOCOM recently extended its trading hours by adding an evening session and this has created new arbitrage opportunities for traders. Market participants investing in and trading TOCOM gold futures include proprietary trading firms, commodity index funds, commodity ETFs, commercial trading companies as well as professional and retail traders.
TOCOM gold futures contracts are physically deliverable to exchange approved warehouse locations in Tokyo with a standard fineness level of 99.99%. Gold futures on TOCOM were first listed on March 23, 1982. The contract months offered are all even months in a one year period and are continuously traded on an electronic platform. The price is quoted per gram and the price fluctuation is 1 yen per tick.
Click on the link below to get more details on the TOCOM gold futures contract.