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 Glossary   >   C   >   "Chicago Board of Trade" Definition   

        Chicago Board of Trade

The world"s largest exchange for futures contracts, in terms of the number of contracts traded (243m in 1997). Founded in 1848, CBOT trades both financial and commodity futures, with US Treasury bond futures being the most frequently traded instrument.Its big rival is the Chicago Mercantile Exchange, which is particularly strong in agricultural futures contracts (and was called the Chicago Butter and Egg Board until 1919).

Chicago Board of Trade


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Chicago Board of Trade - The world"s largest exchange for futures contracts, in terms of the number of contracts traded (243m in 1997). Founded in 1848, CBOT trades both financial and commodity futures, with US Treasury bond futures being the most frequently traded instrument.Its big rival is the Chicago Mercantile Exchange, which is particularly strong in agricultural futures contracts (and was called the Chicago Butter and Egg Board until 1919).


Chicago Board of Trade : the world"s largest exchange for futures contracts, in terms of the number of contracts traded (243m in 1997). founded in 1848, cbot trades both financial and commodity futures, with us treasury bond futures being the most frequently traded instrument.its big rival is the chicago mercantile exchange, which is particularly strong in agricultural futures contracts (and was called the chicago butter and egg board until 1919).