Tokyo Financial Exchange launches new BOJ rate futures as policy shifts accelerate

Global Market: Tokyo Financial Exchange unveils futures to hedge BOJ rate volatility

Tokyo Financial Exchange will launch a futures contract linked to the Bank of Japans overnight call rate to help investors hedge rising interest-rate volatility. The move comes as markets anticipate further BOJ hikes, with the central banks policy rate at 1.25%. Growing demand for rate hedging reflects Japans shift away from ultra-loose monetary policy.

Tokyo Financial Exchange launches new BOJ rate futures as policy shifts accelerate

TOKYO, Oct 8 : The Tokyo Financial Exchange will launch a new futures contract to help traders hedge increased volatility as a more active Bank of Japan reshapes the nation's rate markets.The exchange will introduce futures tied to the BOJ's overnight call rate this month to allow traders to position for ra