Jun. 2--TOKYO -- The Tokyo International Financial Futures Exchange (TIFFE) on July 1 will introduce a new market of foreign exchange futures trading for private investors.
The new market, Click 365, will deal with four currencies--the U.S. dollar, the euro, the British pound and the Australian dollar.
In the current market of foreign exchange margin transactions, only trading firms set prices and the deal is made only when investors accept the offered prices. Even the trading hours are set by individual traders.
Using Click 365, investors will have greater choice as they will be offered more than one price to trade at. The new market will also have …