Commodity futures trading charts : TOCOM Gold Standard Futures , JPY(¥) per gram [TREND]
Gold Standard Futures : TOCOM = Tokyo Commodity Exchange (Japan Exchange Group : JPX). The Gold market is global. Major trading centers of Gold include London, Zurich, Hongkong, Tokyo and NY. Thus, Gold is traded continuously throughout all time zones. Gold Futures and Options on Gold Futures were transferred from TOCOM to Osaka Exchange in July 2020.
Type of Trade: Physically Delivered Futures Transaction.
Standard: Gold of minimum 99.99% fineness.
Opening Date: March 23, 1982. (transferred from TOCOM on July 27, 2020).
Trading Hours (Tokyo): 8:45-15:15 and 16:30-5:30. An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close.
Contract Months: Nearest 6 contract months (February, April, June, August, October and December).
Last Trading Day: Day session on the third business day preceding the Delivery Day.
Contract Unit: 1kg/ contract (approximately 32.15 troy ounces).
Price Increment: ¥1 per gram (¥1,000 per Contract Unit).
Delivery Unit: 1kg.
Price Limits: Normal ¥400, 1st Expansion ¥600, 2nd Expansion: ¥800.
Circuit Breaker Rule (SCB): Price Limits/ Circuit Breaker Rule.
Customer Position Limits: All contract months combined 5,000 contracts.
Settlement: Resale or repurchase, and Final settlement (physical delivery).