Tokyo Financial Exchange

It principally provides trading in futures and derivatives on interest rates, currencies and stock indices.

That April, the TFX held a membership organization with the capital supplied by large financial institutions around the world.

By April 2004, the TFX was demutualized and integrated to support corporate power,[3] and the Financial Futures Trading Law was abolished.

[2] With the new law, the TFX adds onto the growth of Japanese financial markets by catering to investors, as well as advocating the development of new lines of products.

[5] The alliances that the Tokyo Financial Exchange share includes Euronext.liffe, in which the two signed a Memorandum of Understanding (MOU) to develop efficient procedures of both markets.