Fukuoka Futures Exchange

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Fukuoka Futures Exchange
Founded 1893
Headquarters Fukuoka, Japan
Employees (none) Merged in 2001

The Fukuoka Futures Exchange was a Japanese commodity futures exchange trading contracts on agricultural products.

History

The exchange was first founded as a rice exchange in 1893 in Shimonoseki, Japan (possibly originally?) as the Kanmon Commodity Exchange. It was closed during World War II, and reopened in 1953.[1] In May 1998, the exchange shifted names to the Fukuoka Futures Exchange and relocated to Fukuoka.[2]

Facing increasing competition from Tokyo exchanges and under pressure from declining business and volume, the exchange merged in December 2006 with the Kansai Commodities Exchange in Osaka.[1]

References

  1. 1.0 1.1 Fukuoka Futures Exchange closes. The Japan Times Online.
  2. History of OKATO Group. OKATO International(U.S.A.)Inc..