New : sens
A windows (pop-into) of information (full-content of Sensagent) triggered by double-clicking any word on your webpage. Give contextual explanation and translation from your sites !
Boggle
Commodities exchange
From Wikipedia, the free encyclopedia
| This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2007) |
The floor of the Chicago Board of Trade, a major commodities exchange in the United States.
A commodities exchange is an exchange where various commodities and derivatives products are traded. Most commodity markets across the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, metals, etc.) and contracts based on them. These contracts can include spot prices, forwards, futures and options on futures. Other sophisticated products may include interest rates, environmental instruments, swaps, or ocean freight contracts.
Commodities trading
Commodities exchanges usually trade futures contracts on commodities, such as trading contracts to receive something, say corn, in a certain month. A farmer raising corn can sell a future contract on his corn, which will not be harvested for several months, and guarantee the price he will be paid when he delivers; a breakfast cereal producer buys the contract now and guarantees the price will not go up when it is delivered. This protects the farmer from price drops and the buyer from price rises.
Speculators and investors also buy and sell the futures contracts to make a profit and provide liquidity to the system.
Commodities exchanges across the world
Main commodity exchanges worldwide:
Africa
| Exchange | Abbreviation | Location | Product Types |
|---|---|---|---|
| Ethiopia Commodity Exchange | ECX | Addis Ababa, Ethiopia | Agricultural |
| Africa Mercantile Exchange | AfMX | Nairobi, Kenya | Agricultural,equities and energy products |
Americas
| Exchange | Abbreviation | Location | Product Types |
|---|---|---|---|
| Brazilian Mercantile and Futures Exchange | BMF | São Paulo, Brazil | Agricultural, Biofuels, Precious Metals |
| Chicago Board of Trade (CME Group) | CBOT | Chicago, US | Agricultural, Biofuels |
| Chicago Mercantile Exchange (CME Group) | CME | Chicago, US | Agricultural, Biofuels |
| Chicago Climate Exchange | CCX | Chicago, US | Emissions |
| HedgeStreet Exchange | California, US | Energy, industrial Metals | |
| Intercontinental Exchange | ICE | Atlanta, Georgia, US | Energy, Emissions, Agricultural, Biofuels |
| Kansas City Board of Trade | KCBT | Kansas City, US | Agricultural |
| Memphis Cotton Exchange | Memphis, US | Agricultural | |
| Mercado a Termino de Buenos Aires | MATba | Buenos Aires, Argentina | Agricultural |
| Minneapolis Grain Exchange | MGEX | Minneapolis | Agricultural |
| New York Mercantile Exchange (CME Group) | NYMEX | New York, US | Energy, Precious Metals, Industrial Metals |
| U.S. Futures Exchange | USFE | Chicago, US | Energy |
Asia
| Exchange | Abbreviation | Location | Product Types |
|---|---|---|---|
| Bursa Malaysia | MDEX | Malaysia | Biofuels |
| Central Japan Commodity Exchange | Nagoya,Japan | Energy, Industrial Metals, Rubber | |
| Dalian Commodity Exchange | DCE | Dalian,China | Agricultural, Plastics |
| Dubai Mercantile Exchange | DME | Dubai | Energy |
| Dubai Gold & Commodities Exchange | DGCX | Dubai | Precious Metals |
| Hong Kong Mercantile Exchange | HKMEx | Hong Kong | Gold |
| Iranian oil bourse | IOB | Kish Island, Iran | Oil, Gas, Petrochemicals |
| Kansai Commodities Exchange | KANEX | Osaka,Japan | Agricultural |
| Nepal Derivative Exchange Limited | [NDEX] | Kathmandu, Nepal | Precious Metals, Base Metals, Energy |
| Mercantile Exchange Nepal Limited | MEX | Kathmandu, Nepal | Agricultural, Bullion, Base Metals, Energy |
| Multi Commodity Exchange | MCX | India | Energy, Precious Metals, Metals, Agricultural |
| National Multi-Commodity Exchange of India Ltd | NMCE | India | Precious Metals, Metals, Agricultural |
| National Commodity Exchange Limited | NCEL | Pakistan | Precious Metals, Agriculture |
| Bhatinda Om & Oil Exchange Ltd. | BOOE | India | Agricultural |
| Karachi | Precious Metals, Agricultural | ||
| National Commodity and Derivatives Exchange | NCDEX | Mumbai | All |
| Shanghai Futures Exchange | Shanghai | Industrial metals, Fuel Oil, Rubber | |
| Singapore Commodity Exchange | SICOM | Singapore | Agricultural, Rubber |
| Tokyo Commodity Exchange | TOCOM | Tokyo,Japan | Energy, Precious Metals, Industrial Metals, Agricultural |
| Tokyo Grain Exchange | TGE | Tokyo,Japan | Agricultural |
| Zhengzhou Commodity Exchange | CZCE | Zhengzhou,China | Agricultural |
Europe
| Exchange | Abbreviation | Location | Product Types |
|---|---|---|---|
| Commodity Exchange Bratislava, JSC | CEB | Bratislava, Slovakia | Emissions, Agricultural |
| Climex | CLIMEX | Amsterdam, the Netherlands | Emissions |
| NYSE Liffe | Europe | Agricultural | |
| European Climate Exchange | ECX | Europe | Emissions |
| Energy Exchange Austria | EXAA | Vienna, Austria | Electricity, Emission Allowances |
| London Metal Exchange | LME | London, UK | Industrial Metals, Plastics |
| Risk Management Exchange | RMX | Hannover, Deutschland | Agricultural |
| European Energy Exchange | EEX | Leipzig, Germany | Energy, Emissions |
Oceania
| Exchange | Abbreviation | Location | Product Types |
|---|---|---|---|
| Australian Securities Exchange | ASX | Sydney, Australia | Agricultural, Electricity, Thermal Coal & Natural Gas |
See also
- Commodity market
- Commodity trading in private electronic markets
- List of futures exchanges
- List of traded commodities
EUROVOC