Fukuoka Futures Exchange (FFE) was a futures exchange founded 1893, based in Fukuoka, Japan. It was absorbed by Kansai Commodities Exchange, based in Ôsaka, and no longer exists.[1] Trading was conducted at six specified session times through the day. At each session, a price was established for each contract month in each commodity. Daily price movement limits apply,[2] including open position limits for members and customers. There were no position limits for hedging.