20 December 2014

Tocom wins ATS operation approval

20 February 2014  |  779 views  |  0 Source: Tocom

On February 19, the Tokyo Commodity Exchange, Inc. (TOCOM) received authorization to provide Automated Trading Services (ATS) from the Securities and Futures Commission (SFC), the regulatory authority in Hong Kong.

SFC sets standards for Exchanges outside of Hong Kong and rates operations and reliability. They grant authorization to provide ATS to Exchanges that meet their standards. Exchanges authorized as ATS provider are permitted to provide direct market access to Member firms with SFC license within Hong Kong.

Base on this authorization, TOCOM is looking forward to working closely with investors and hedgers in mainland China, Europe, the United States and other regions that maintain offices in Hong Kong.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Featured job

to £90k base, double OTE
London, UK

Find your next job