Tokyo Financial Exchange to Launch DJIA Margin Contracts
- The Tokyo Financial Exchange announced that it is going to start offering Dow Jones Industrial Average margin contracts.
The Tokyo Financial Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (TFX) and S&P Dow Jones Indices LLC have announced that the companies have reached an agreement to expand the list of offerings on the Japanese margin contracts market. The TFX will begin listing DJIA Margin contracts which will be derived from the value of the Dow Jones Industrial Average (DJIA).
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The contracts will be traded on the Exchange Equity Index Margin Contracts electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term called “Click Kabu 365” and will be denominated in Japanese yen. This adds to the opportunities for Japanese investors on the local Tokyo Financial Exchange after they gained access to the German Dax in 2010.
With the denomination in Japanese yen, the instrument will be more convenient for local investors that are holding Japanese currency.
The TFX Managing Director, Wataru Ito, commented on the announcement: “Dow Jones Industrial Average is one of the most highly-recognized overseas stock indices for Japanese retail investors. Click Kabu 365 products currently available for trading base the following stock indices: Nikkei 225, a Japanese benchmark stock index, DAX® and FTSE100, European representative stock indices.”
“As we additionally list DJIA Margin contracts this time, investors will be able to trade margin contracts on stock indices of Japan, Europe and U.S. in one account. I strongly believe this will facilitate further vitalization of the market,” he added.
Last year, the TFX registered massive growth in the DAX contracts traded through the platform. The figure increased by 87 per cent year-on-year. The number was the only one which registered growth for the yearly period, as both the Nikkei 225 and FTSE 100 margin contracts registered declines.
The Tokyo Financial Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (TFX) and S&P Dow Jones Indices LLC have announced that the companies have reached an agreement to expand the list of offerings on the Japanese margin contracts market. The TFX will begin listing DJIA Margin contracts which will be derived from the value of the Dow Jones Industrial Average (DJIA).
Avid industry news reader? take the Finance Magnates quiz
The contracts will be traded on the Exchange Equity Index Margin Contracts electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term called “Click Kabu 365” and will be denominated in Japanese yen. This adds to the opportunities for Japanese investors on the local Tokyo Financial Exchange after they gained access to the German Dax in 2010.
With the denomination in Japanese yen, the instrument will be more convenient for local investors that are holding Japanese currency.
The TFX Managing Director, Wataru Ito, commented on the announcement: “Dow Jones Industrial Average is one of the most highly-recognized overseas stock indices for Japanese retail investors. Click Kabu 365 products currently available for trading base the following stock indices: Nikkei 225, a Japanese benchmark stock index, DAX® and FTSE100, European representative stock indices.”
“As we additionally list DJIA Margin contracts this time, investors will be able to trade margin contracts on stock indices of Japan, Europe and U.S. in one account. I strongly believe this will facilitate further vitalization of the market,” he added.
Last year, the TFX registered massive growth in the DAX contracts traded through the platform. The figure increased by 87 per cent year-on-year. The number was the only one which registered growth for the yearly period, as both the Nikkei 225 and FTSE 100 margin contracts registered declines.