Japan Commodity Futures Industry Association
From MarketsWiki
| Japan Commodity Futures Industry Association | |
| |
| Headquarters | Tokyo |
|---|---|
| Web site | http://www.jcfia.gr.jp/ |
The Japan Commodity Futures Industry Association is a self-regulatory organization similar to National Futures Association (NFA) in the U.S. It is composed of 61 FCMs (as of June 30, 2008).[1]
In 2008, the association requested that the Tokyo Commodity Exchange, the largest Japanese commodity futures and options exchange listing oil, gold and other industrial products, and the Tokyo Grain Exchange, the futures market for farm products such as corn and coffee merge to cut management costs.
At the time, the association also said it planned to ask other exchanges to consider merging and ask industry regulatory bodies to integrate.[2]
