​Daiju Commodity Markets to Improve Natural Gas Price Transparency and Bolster Asian Benchmarks

This will be made possible through a strategic agreement

Daiju Commodity Markets, a Tokyo based commodity broker, committed to providing an exceptional customer experience that will ensure investor trust and confidence, is pleased to announce that it has entered into a strategic agreement with a top Asian Commodity Exchange to strengthen Asian natural gas benchmarks, streamline the reporting process, and further improve transparency in over-the-counter (OTC) pricing. The name of the Exchange and the project’s name will be made public at a later date.

Under this agreement, the exchange data regarding daily and monthly physical natural gas transactions will be anonymized and included as inputs into the Daiju Commodity Markets physical market price assessment processes. Not only will the addition of the exchange data increase the volumes of natural gas underpinning the Daiju Commodity Markets natural gas benchmarks, it will expand the number of trades and market participants reflected in the Daiju Commodity Markets price assessment processes.

After a transitional period, Daiju Commodity Markets will grant the exchange exclusive rights to use Daiju Commodity Markets’ Asian physical natural gas benchmarks in the settling and clearing of natural gas derivatives contracts.

A key benefit of this agreement is that market participants will be able to use the exchange’s transaction platform, an industry-leading electronic trade confirmation service, as a means of having their transactions data used in the Daiju Commodity Markets price assessment process.

Akihisa Suzuki, Chief Executive Officer, said: “This agreement will help streamline the price assessment process for market participants and bring greater robustness to Asian natural gas markets. Further, it increases the value to our customers of our natural gas benchmarks, which will be underpinned by the most complete set of data available. We will work with the exchange over the coming months to communicate the changes to the price assessment methodology and to ensure a smooth transition for our respective customers and market participants.”

About Daiju Commodity Markets

Daiju Commodity Markets is a Tokyo based commodity broker, committed to providing an exceptional customer experience that will ensure investor trust and confidence. First class image, first class quality, and first-class service are the company’s goals while making fair profits for its clients. It is Daiju Commodity Markets' mission to provide traders with the most comprehensive commodity-trading platform available. The firm will devote itself to the constant evolution of the trading platform by listening to customers and enhancing the product mix to satisfy their requirements. Daiju Commodity Markets looks forward to playing an invaluable role in creating a dynamic process of wealth creation that will benefit and delight clients time and again.