Chicago Board of Trade (CBOT) is the largest and most representative agricultural product exchange in the world, with 19.
At the beginning of this century, Chicago was the largest grain distribution center in the United States. With the continuous concentration of grain trading and futures trading,
1848, 82 grain traders initiated the establishment of the Chicago Board of Trade, which was established.
After that, the trading rules were continuously improved, and the forward contract was replaced by the standard futures contract at 1865 and put into practice.
The deposit system was introduced. In addition to providing futures trading of corn, soybeans, wheat and other agricultural products,
It also provides medium and long-term US government bonds, stock indexes, municipal bond indexes, gold and silver futures.
Trading market, and provide options trading of agricultural products, finance and metals. Corn, soybean,
The futures prices of wheat and other varieties have not only become an important reference price for American agricultural production and trade, but also become a country.
Authoritative price in international agricultural trade.
The London Metal Exchange is the largest non-ferrous metal exchange in the world. Prices and inventories of the London Metal Exchange
It has an important influence on the production and sales of non-ferrous metals worldwide. /kloc-In the middle of 0/9th century, Britain was once the largest in the world.
The largest producer of tin and copper, with the passage of time, the industrial demand is increasing, and Britain urgently needs to learn from it.
Foreign mines import a lot of industrial raw materials. Under the conditions at that time, due to the arrival of freighters crossing the ocean to transport ore,
Time is irregular, so the price of metal fluctuates greatly, and both metal merchants and consumers have to face great risks.
1877, some metal traders established the London metal exchange and established standardized trading methods. Satimoto
Since the beginning of this century, the London Metal Exchange has publicly released its trading price, which has been widely used as the standard of world metal trade.
Quasi-price. 70% of the global copper production is based on the official quotation published by the London Metal Exchange.
Trade oriented
Chicago Mercantile Exchange, formerly known as Agricultural Products Exchange, was founded in 1874 by a group of agricultural products dealers. at that time
The main commodities listed on this exchange are butter, eggs, poultry and other non-storable agricultural products, 1898, Huang.
Oil and eggs were distributed inside and outside the agricultural products exchange, and the Chicago Butter and Egg Exchange was established, reorganized and
The butter and egg exchange was renamed Chicago Mercantile Exchange on 19 19 and 1972 after expanding the range of listed commodities.
In 2006, the Exchange established forex futures trading's International Money Market Section (IMM) and launched it globally.
The first financial futures contract. Since then, 90-day short-term US Treasury futures have been added on the basis of foreign exchange futures.
And three-month Eurodollar time deposit futures contracts. The index and options market part of the exchange was established in 1989.
1982, mainly trading stock index futures and options. The most famous index contract in this part is Standard & Poor's.
500 stock indexes (S&; P500) Futures and options contracts. 1984, Chicago Mercantile Exchange and Singapore.
International financial exchanges are the first in the world to realize online transactions between exchanges, and traders can be in one of the two exchanges.
Occasionally, cross-exchange futures of Eurodollar, Japanese yen, British pound and German mark are traded.
The London International Financial Futures Options Exchange was established in 1982 and merged with the London Options Exchange in 1992.
1996 Acquisition of the London Mercantile Exchange. The main trading varieties are British pound, German mark, US dollar, Japanese yen and Swiss law.
Futures and options contracts of lang, European currency unit and Italian lira, 70 kinds of British stock options, Financial Times 100.
Stock index futures and options, and 250 stock index futures contracts of the Financial Times. Although the exchange was established
Although the time is late, the development speed is amazing. As of 1996, it has become the largest futures options exchange in Europe and the third in the world.
Aesop
After the United States and Britain, Japan, France, Germany and other major industrialized countries have also established futures markets.
And launched a fierce competition for the status of futures trading center, Singapore, Brazil, South Africa, the Philippines and so on emerged.
China and China have also established their own futures exchanges, including South Korea, Thailand, India and Taiwan Province Province of China.
And so on are also in full swing to build a futures exchange. According to incomplete statistics, by the end of 1996, the world was engaged.
There are 77 commodity exchanges, including the comprehensive futures exchange 1 1. Engaged in commodity futures and financial futures.
Rights transaction; 32 commodity futures exchanges specialize in commodity futures options trading; 34 financial futures exchanges from
In terms of financial futures options trading, 1996 The top ten futures exchanges in the world are Chicago, USA.
Futures Exchange, Chicago Mercantile Exchange, London International Financial Futures Options Exchange, Brazilian Business
Futures Exchange, the New York Mercantile Exchange, French International Futures Exchange, London Metal Exchange, German.
China Futures Exchange, Tokyo Financial Futures Options Exchange and Spanish Stock Exchange.