堂島米市場
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堂島米市場
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This page describes the Dojima Rice Market in Edo-period Osaka. Feudal domains issued rice vouchers when selling tribute rice, which became widely traded. In 1730, the Shogunate officially recognized this market, establishing Japan's first exchange with membership and settlement systems. The Dojima Rice Market is recognized as a pioneer of organized futures trading globally. Rice prices formed here were transmitted nationwide via messengers, becoming reference prices elsewhere. Most modern trading systems inherited practices from this historic market.
