Munehisa Homma (本間 宗久 ,Honma Munehisa?) (also known as Sokyu Homma, Sokyu Honma) (1724-1803), was a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka during the Tokugawa Shogunate. He is often considered to be the father of the Candlestick chart and his trading success reputedly led to him becoming an honorary Samurai.[citation needed] Until about 1710, only physical rice was traded but then a futures market emerged where coupons, promising delivery of rice at a future time, began to be issued. From this, a secondary market of coupon trading emerged in which Munehisa flourished. Stories claim that he established a personal network of men about every 6 km between Sakata and Osaka (a distance of some 600 km) to communicate market prices. [1] In 1755, he wrote (三猿金泉秘録, San-en Kinsen Hiroku, The fountain of Gold - The Three Monkey Record of
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