The CBOT, also known as the Chicago Board of Trade, is one of the world’s leading futures exchanges. It is located in Chicago, Illinois, USA and is one of the oldest and largest futures exchanges in the world. The CBOT was founded in 1848 as a non-profit organization to provide a central marketplace for trading grain, particularly wheat, corn and oats. Over time, the exchange expanded to offer futures contracts on other commodities such as livestock, metals and energy products. The CBOT operates an electronic trading platform where buyers and sellers can trade futures and options contracts. The exchange provides a transparent and regulated trading environment and ensures that all transactions are executed fairly and efficiently.
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