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Japan's historical futures market reborn as precious metals exchange

Osaka exchange targets individual investors with small 10-gram trading units

The new gold, silver and platinum futures are the first assets to launch on the Osaka Dojima Exchange in roughly two years. (Photo by Kosaku Mimura)

TOKYO/OSAKA -- An Osaka futures market whose roots go back to 17th-century rice trading is quietly attempting a comeback through small-lot trading of gold, silver and platinum.

"We welcome this day with a determination to start as a new exchange," said Masashi Murata, president and CEO of Osaka Dojima Exchange, said at a news conference on Monday, the first day of trading.

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