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DictionarySeeboard of tradeChicago Board of Trade
Chicago Board of Trade (CBOT)The second largest futures exchange in the US, and a pioneer in the development of financial futures and options.Chicago Board of TradeEstablished in 1848, it was the oldest options and futures exchange in the world when it ceased operations in 2007 after being acquired by and merged into the Chicago Mercantile Exchange.Chicago Board of Trade (CBOT) A derivatives exchange established in 1848 to trade forward contracts in agricultural commodities, including wheat, corn, and oats. CBOT members now trade 48 different futures and options products on agricultural commodities, U.S. Treasury bonds, and the Dow Jones Industrial Average. The exchange introduced electronic trading in 1994 after 145 years of using open outcry.AcronymsSeeCBT |