Tocom sets targets high

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This year is set to be a key one for the Tokyo Commodity Exchange (Tocom), as it develops a new trading platform, pushes ahead with plans for 24-hour opening and continues to explore demutualisation. With global competition among exchanges heating up, Tocom's chairman and chief executive, Masaaki Nangaku, is determined the exchange will become more competitive in order to benefit from the increased interest in commodities in Asia.

Tocom membership is growing, with UK investment bank Barclays Capi

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