chicago futures exchange
Futures contracts are traded on the SWOT can be divided into 3 groups: agricultural futures, futures contracts on interest rates and futures on stock market indices.
•Contracts on agricultural products (Agriculture):
•To futures contracts on interest rates (InterestRates) include:
•Futures on stock indexes: Dow Jones (Equity Index),
The address of the chicago futures exchange.
141 West Jackson Boulevard,
Chicago, IL 60604, USA
+1 (312) 435-3500
Official site of the stock exchange: www.cmegroup.com
The history of the development of the chicago futures exchange (Chicago Board of Trade, CBOT).
is a the oldest futures exchange in the world. The date of its Foundation is April 3, 1848. The stock exchange was founded as a major agricultural market, which began to carry out operations with grain (wheat, corn, soybeans and oats). And already appeared much later futures on the Dow Jones(DJIA) and Treasury bonds (notes and bonds).
Initially, the majority of transactions conducted on the exchange were forward. The Chicago Futures Exchange(CBOT)was a mediator when negotiating trade deals, and her staff inspected the quality of the displayed at sale of the goods according to the price category. The mechanism of forward trading hindrance to the development of the Chicago Futures exchange, and in 1864 the guidance was offered the concept of futures trading, which has been successfully used and today. By the way, and today the Chicago market continues to hold the leading positions in the U.S. and around the world grain trade. About 80% of futures trading grain is precisely in the trade hall, which at the same time work more than 3,600 traders and brokers.
Trading on the chicago futures exchange Chicago Board of Trade (CBOT)
Way to trade on the Chicago futures exchange - open auction in the exchange hall, and the electronic auction great name of futures and options contracts (more than 50 names).
As it was already mentioned, trading on the stock market began with the contracts for the supply of grain (wheat, corn, soybeans and oats). And gradually it grew by a futures on the RTS index Dow jeans, and also contracts on U.S. government bonds. In 1982, the stock exchange has included in its quoted sheets electronic futures for the supply of gold and silver. And, finally, in 1994, in conjunction with the London futures and options exchange was introduced electronic trading system.
Today the chicago futures exchange.
•In 2002 CBOT together with OneChicago started trading futures on individual stocks (SSF). The translation of the principles of futures trading on trade in certain stocks significantly expanded capabilities of traders and investors. Today available for trading futures contracts on hundreds of names of shares.
•on 14 April 2005 the Chicago futures exchange (CBOT) became the official stock commercial holding. The decision of the restructuring of the Chicago Futures Exchange (CBOT) was taken at a meeting of the Board of Directors, and the 19th of October there were a public offering of the shares of the Chicago Futures Exchange (IPO) on the NYSE. Was exhibited for trades 3.2 million shares ÑÂÎÒïî price of $54,00 per share. On the first day of trading shares caused a great interest with investors and jumped in price by 49%, closing at a level of $80,50.
•In 2007, the Chicago futures exchange (Chicago Board of Trade, CBOT) was absorbed by the competitor CME (Chicago Mercantile exchange). October 17, 2006, CME and CBOT announced the merger and the creation of holding CMEGroup. As a result of the merger, which was completed on July 12, 2007, all the main types of futures contracts are available on a single electronic trading platform.
