Tokyo Grain Exchange Inc., operator of Japan's second-largest commodities bourse, is under pressure from shareholders to cease operations and transfer the trading of farm futures to rivals because of declining volumes.
The exchange may transfer trading of Japanese rice and "azuki" sweet beans to the Kansai Commodities Exchange in Osaka, said Jitsuo Tatara, chairman of broker Yutaka Shoji Co., one of the Tokyo bourse's 99 shareholders.
Corn and soybean futures may be taken over by the Tokyo Commodity Exchange, which shares the same trading system, he said.