TOCOM Energy
Addition of Weekly Contracts on Electricity Futures and Revision of Tick Size for LNG Futures
![Addition of Weekly Contracts on Electricity Futures and Revision of Tick Size for LNG Futures](https://market-news-insights-jpx.com/wordpress/wp-content/uploads/2022/07/53c7c6928d42a0ff603ba12af6ad981e.jpg)
Tokyo Commodity Exchange, Inc. (TOCOM) will add weekly contracts on electricity futures in order to meet the shorter-term hedging need for electricity price risk. The underlying of the contract will be the weekly average of prices traded on the Japan Electric Power Exchange (JEPX) spot market for the Tokyo and Kansai areas.
TOCOM will also revise the tick size for LNG futures in purpose to improve liquidity in the market.
TOCOM is now accepting public comments on ”Addition of Weekly Contracts on Electricity Futures and Revision of Tick Size for LNG Futures” until July. 19, 2023.
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