Seven Brokers Sign On for Tokyo Gateway

EXCHANGE TECHNOLOGIES

TOKYO--Seven Japan-based brokerages have signed up for a gateway to the Tokyo Commodity Exchange (TOCOM) from French trading systems company GL Trade.

The gateway embrace follows a change in TOCOM’s policy since this past November to permit vendors to provide such services.

TOCOM GL Gateway allows brokers to collect orders from both domestic and overseas buy-side clients to be carried out on TOCOM, Japan’s largest futures market.

"Firms use the system to collect on GL Net, conduct proprietary

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