Age of DiscoveryEconomy & Trade Dojima rice futures market 1730Major The shogunate authorizes futures trading in rice at the Dojima exchange in Osaka. It is the first officially recognized organized futures market. ▲ MattersSaveShareTrace roots Longest chain: The Big Bang → First stars ignite → Supernovae seed heavy elements → The Sun forms → Earth forms → First oceans → First life → Photosynthesis evolves → Great Oxidation Event → Complex cells (eukaryotes) → Multicellular life → First animals → Cambrian Explosion → First vertebrates → Jawed fish → Fish walk onto land → The amniotic egg → The Great Dying → Dinosaurs appear → Asteroid ends the dinosaurs → Early primates → Apes split from monkeys → Human line splits from chimpanzees → Walking upright → First stone tools → Genus Homo appears → Homo erectus → Control of fire → First fired clay figures → First pottery → Copper smelting → Bronze Age begins → Shang dynasty → Zhou dynasty and the Mandate of Heaven → Spring and Autumn period → Legalism (Shang Yang) → Qin unifies China → Han dynasty → Sui reunifies China → Imperial examinations → Tang dynasty → Gunpowder → Fire lance → Firearms → Firearms reach Japan → Tokugawa shogunate → Dojima rice futures market Community notesLoading notes… Learn more ranked by votesDocumentodex.co.jpThe birthplace of futures trading (Osaka Dojima Exchange) ↗Editor's pickDocumenthbs.eduThe Dojima rice market and the origins of futures trading (Harvard Business School case) ↗Editor's pickBookAkira Hayami, Osamu Saito and Ronald P. Toby (eds.)Emergence of Economic Society in Japan, 1600-1859 ↗Editor's pickVideoSearch on YouTubeDojima rice exchange first futures market ↗Editor's pick