commodity exchange
Frequency: 7.513.5 per million words
A legal entity that determines and enforces rules for trading standardized commodity contracts.
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Examples (10)
- The Chicago Board of Trade is one of the world's oldest and largest futures and commodity exchanges.
- Regulations for the commodity exchange are designed to prevent market manipulation.
- He made his fortune trading coffee futures on the New York Commodity Exchange.
- Airlines often use the commodity exchange to lock in future prices for jet fuel.
- The development of the modern commodity exchange was crucial for standardizing agricultural trade.
- Most transactions on the commodity exchange are now executed electronically, not in a physical pit.
- The Shanghai Futures Exchange has become a major global commodity exchange, especially for metals.
- To work as a trader on a commodity exchange, you need a deep understanding of market dynamics.
- Analysts closely watch price movements on the commodity exchange to forecast economic trends.
- The primary function of a commodity exchange is to facilitate risk management and price discovery.