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commodity exchange |
Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia | 0.03 sec. |
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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| In particular, we especially discounted commission rates on some of the most popular items traded on The Tokyo Commodity Exchange market such as gold, silver and platinum. The New York Mercantile Exchange is the world's largest physical commodity exchange, offering trading in energy and metals futures and options and clearing services for off-exchange energy transactions. And yet, global commodity exchange pricing for most nonferrous metals is trending upward, with nonferrous scrap prices following the trend. |
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commodity exchange