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Cbot

• See Chicago Board of Trade.

• Is the Chicago Board of Trade.

 
 Embedded terms in definition
 Chicago board of trade
Trade
 
 Referenced Terms
 Chicago board of trade: Abbreviated Cbot. The oldest commodity exchange in the United States; established in 1886. The exchange lists agricultural commodity futures such as corn, oats, and soybeans, in addition to more recent innovations such as GNMA mortgages and the NASDAQ 100 Index.

 Futures market: A continuous auction market in which participants buy and sell commodities contracts for delivery on a specified future date. Trading is traditionally carried on through open outcry and hand signals in a trading pit or ring.A market in which contracts for future delivery of a commodity or a security are bought and sold on an organized futures exchange such as Cbot, CME.A market in which contracts for future delivery of a commodity or a security are bought or sold.

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