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The Tokyo Commodity Exchange (TOCOM) has signed a Memorandum of Understanding with Thailand Futures Exchange (TFEX) for the purpose of establishing a coordinated relationship between the two exchanges.
The exchanges have agreed to focus on developing areas of cooperation and business opportunities which will mutually benefit both parties and lead to the enhancement of liquidity, efficiency and integrity of the two marketplaces.
TOCOM, which reported its May 2016 trading volumes last week, has welcomed the opportunity to work as a team to create long-term synergistic outcomes.
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