The Tokyo Commodity Exchange and Nikkei add New Leveraged and Inverse Indices 

Businessman is reflected in an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo

The Tokyo Commodity Exchange Inc. and Nikkei Inc. will add 10 new leveraged and inverse indices based on the Soybean, Corn and the others. They will be published from September 20, 2016.

nikkei-and-tocom-new-indices

The newly calculated indices have a common base value set at 10,000.00 points as of November 29, 2013 and will be calculated and published once a day from September 20, 2016 based on the daily settlement price

Nikkei-TOCOM Leveraged Index represents the doubled performance of the underlying indices, and the Nikkei-TOCOM Inverse Index represents the inverse performance of the underlying indices.

For instance, if the Nikkei-TOCOM Commodity Index rises by 10% on a day, the Nikkei-TOCOM Leveraged Commodity Index rises by 20% and the Nikkei-TOCOM Inverse Commodity Index falls by 10% on that day, or vice versa in the opposite case.

Source: TOCOM

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