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The trading volume of Dubai crude oil futures has been on the rise lately in Tokyo, with the open interest hitting 112,288 contracts at the Tokyo Commodity Exchange, Inc. (TOCOM). This contract has shown record breaking increases in open interest for two consecutive days.
Compared with subsided trading activity on other domestic commodities futures, investments are flowing into ETNs (exchange-traded notes) that are linked to Tocom’s Dubai crude oil futures.
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Tocom’s Dubai crude-linked ETNs was created by Nomura Securities and listed on the Tokyo Stock Exchange in ... (read more)