The following describes the methods for participating in TOCOM's markets from overseas.
- (1)As a Member
- To access TOCOM's markets directly, you are required to obtain Market Membership and
install a TOCOM trading terminal in Japan. (Direct access)
Members without a trading terminal can trade on TOCOM's markets through TOCOM Broker Members (Indirect access: see List of FCMs).In either case, eligibility for membership is limited to foreign FCMs and persons or firms engaged in the purchase or sale, brokerage, production, processing or use of commodities listed on the Exchange, who meet certain financial and other qualifications. In addition, certain financial obligations are required to be a member.
- (2) As an Associate Member
- Overseas traders who deal with commodities listed on TOCOM's markets and belong to certain organizations specified by TOCOM are eligible for Associate Membership. Associate Membership is like a special favored customer status, that is, Associate Members must place orders through Broker Members and have no right of voting at general meetings, but the same margin rates as Members' are applied to Associate Members.
- (3) As a customer
- You can place an order as a customer with a Broker Member. Also, your order can be accepted by a Foreign FCM who places the order through a Broker Member to TOCOM.
Overseas Order Flow
