Chicago Board Of Trade



  • noun
    (written as Chicago Board of Trade)
    a commodity market based in Chicago, trading in metals, soft commodities and financial futures.


  • A commodities futures and options exchange established in 1848 in Chicago, Illinois, that supports both electronic trading and open outcry trading. The Chicago Board of Trade was purchased by the Chicago Mercantile Exchange in 2006, creating a new institution called CME Group, Inc. The CBOT serves as an exchange for the full range of commodities derivatives and futures, including foreign exchange and precious metals.


  • acronymCBT
    (written as Chicago Board of Trade)