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Definition of chicago board of trade - cBOT
Posted 31 August, 2009 by Victoria Sarahi Parrish from Mar del PlataDear Authority, you've got the most juicy site! Though i have been by my part of scalping, i came into a term i can't understand: what does chicago board of trade - cBOT mean?Capital Authority Answers:Thank you for the vote of confidence. Chicago board of trade - cBOT is A commodity exchange established in 1848 that today trades in both agricultural and financial contracts. The CBOT originally traded only agricultural commodities such as wheat, corn and soybeans. Now, the CBOT offers options and futures contracts on a wide range of products including gold, silver, U.S. Treasury bonds and energy. The CBOT has added electronic trading of futures contracts in recent years, but for decades was an open auction market, where traders meet in a trading pit and primarily use hand signals to execute trades. On October 18th, 2005, the Chicago Board of Trade transformed from a non-profit organization to a for-profit organization with an initial public offering on the NYSE, listed as CBOT holdings Inc. Its ticker symbol is "BOT".Go to
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