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commodity exchange |
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commodity exchangeOrganized market for the purchase and sale of enforceable contracts to deliver a commodity (such as wheat, gold, or cotton) or a financial instrument (such as U.S. treasury bills) at some future date. Such contracts are known as futures and are bought and sold in a competitive auction process on commodity exchanges (also called futures markets). The largest futures and futures-options exchange is the Chicago Board of Trade. |
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| Arguably inspired by Gehry's startling transformation of crude models into internationally recognised statements--an achievement first made possible by a blip in the commodities market and technology developed by the aircraft industry--this potent mix of design, commercial opportunism and technology transfer has projected ideas for building skins beyond superficial slickness. If you want to find the real profiteers behind high oil prices, you have to look at the commodities market and at government. Purchasing energy on the commodities market allows landlords to pass along significant tax savings to tenants. |
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commodities market
