• See Chicago Board of Trade.
• Is the Chicago Board of Trade.
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| ||Chicago board of trade|
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| ||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.|