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.