The president of the Osaka exchange, who was pointed out by the Ministry of Agriculture, Forestry and Fisheries that it did not meet the approval criteria for the full-scale transaction of rice futures, held a press conference in Tokyo on the 2nd and argued that the point was not correct. Did.
The Osaka Dojima Commodity Exchange has been trading rice futures on a trial basis, but is applying to the government for a shift to full-scale trading with no time limit.
The Ministry of Agriculture, Forestry and Fisheries has indicated that there are some points that do not meet the approval criteria at this time, such as the number of participants in the transaction has not increased.
About this, President Kazuhiro Nakatsuka of Osaka Dojima Commodity Exchange held a press conference in Tokyo on the 2nd.
Among them, President Nakatsuka said, "The amount of transactions has reached a record high, and the number of participants is increasing. I was very surprised and very surprised because I received guidance in close cooperation with the Ministry of Agriculture, Forestry and Fisheries. I'm out of my mind, "he said, arguing that the point was not correct.
On top of that, President Nakatsuka said, "If the application is not good, the country will judge that the rice futures market is not necessary," and the idea that futures trading itself will be abolished if the country does not approve. Was shown.
The Ministry of Agriculture, Forestry and Fisheries plans to make a final conclusion after hearing detailed explanations from the company on Thursday, 5th.