08 February 2016

Tocom wins ATS operation approval

20 February 2014  |  925 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

 

Top topics

Most viewed Most shared
Fintech rising: Resistance is futile, says...
10895 views comments | 48 tweets | 41 linkedin
Digital transformation driving earnings at...
9169 views comments | 43 tweets | 36 linkedin
ECB eyes up European P2P payments
7754 views comments | 28 tweets | 38 linkedin
Visa opens up to developers
7544 views comments | 23 tweets | 40 linkedin
It may take ten years, but blockchain tech...
6371 views comments | 20 tweets | 19 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job