Fukuoka Futures Exchange
From MarketsWiki
| Fukuoka Futures Exchange | |
| Founded | 1893 |
|---|---|
| Headquarters | Fukuoka, Japan |
| Employees | (none) Merged in 2001 |
The Fukuoka Futures Exchange was a Japanese commodity futures exchange trading contracts on agricultural products.
History
The exchange was first founded as a rice exchange in 1893 in Shimonoseki, Japan (possibly originally?) as the Kanmon Commodity Exchange. It was closed during World War II, and reopened in 1953.[1] In May 1998, the exchange shifted names to the Fukuoka Futures Exchange and relocated to Fukuoka.[2]
Facing increasing competition from Tokyo exchanges and under pressure from declining business and volume, the exchange merged in December 2006 with the Kansai Commodities Exchange in Osaka.[1]
References
- ↑ 1.0 1.1 Fukuoka Futures Exchange closes. The Japan Times Online. Retrieved on May 13, 2008.
- ↑ History of OKATO Group. OKATO International(U.S.A.)Inc.. Retrieved on May 13, 2008.
