Japan's Tokyo Commodity Exchange (TOCOM) has adjusted its rules in order to allow larger ingot sizes for its platinum futures market.

The move, which is an effort to improve market liquidity, will see ingots weighing over 500g accepted for the first time.

Starting in October the rule change will be adopted indefinitely, with an official explaining the reasoning behind the move to Platts.

"500g ingots do not exist outside TOCOM. No other exchange in the world trades 500g platinum," a source said.

"For this reason, the market has run short of 500g ingots in times of wide price fluctuations on TOCOM."

Platinum is the fourth most popular commodity on TOCOM.


Ÿ Adfero Ltd