The world's oldest futures and options exchange, the Chicago Board of Trade (CBOT) was formed in 1848 as a centralized marketplace for the grain trade. Over the years, its product line has expanded to include numerous contracts on agricultural commodities and financial instruments.
A prominent futures exchange in New York dealing in oil products, metals, and other commodities. Acquired COMEX in 1994, and was later purchased by the Chicago Mercantile Exchange in 2008.
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