A commodities exchange is an exchange where various commodities and derivatives products are traded. A commodity is anything for which there is demand but which is supplied without qualitative differentiation across a market Derivatives are Financial instruments whose values depend on the value of other underlying financial instruments 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. Commodity markets are markets where raw or primary products are exchanged A raw material is something that is acted upon or used by Organisms, or by human labour or Industry, for use as a Building material to create some product Wheat ( Triticum spp is a worldwide cultivated grass from the Levant area of the Middle East. Barley ( Hordeum vulgare) is an annual Cereal Grain, which serves as a major animal Feed crop, with smaller amounts used for Sugar is a class of edible Crystalline substances mainly Sucrose, Lactose, and Fructose. Maize (ˈmeɪz ( Zea mays L. ssp mays) known as corn in some countries is a cereal grain domesticated in Mesoamerica Cotton is a soft staple Fibre that grows around the seeds of the cotton plant ( Gossypium sp Cocoa is the dried and fully fermented fatty seed of the cacao tree from which Chocolate is made CoFFEE is an Open source Software for computer supported collaborative learning (CSCL in a digital classroom Milk is an opaque white liquid produced by the Mammary glands of female Mammals (including Monotremes. The pork belly is the underside of the pig from which Bacon is made in the United States (in other parts of the world bacon is more often made from back and side meats and An oil is a substance that is in a viscous Liquid state ( "oily") at ambient temperatures or slightly warmer and is The M acro E xpansion T emplate A ttribute L anguage complements TAL, providing macros which allow the reuse of code across ) and contracts based on them. These contracts can include spot prices, forwards, futures and options on futures. The spot price or spot rate of a Commodity, a security or a Currency is the Price that is quoted for immediate (spot settlement A forward contract is an agreement between two parties to buy or sell an asset at a specified point of time in the future In Finance, a futures contract is a standardized Contract, traded on a Futures exchange, to buy or sell a certain Underlying instrument Options are financial instruments that convey the right but not the obligation to engage in a future transaction on some Underlying security, or in a Futures Other sophisticated products may include interest rates, environmental instruments, swaps, or ocean freight contracts. Interest is a fee paid on borrowed capital Assets lent include Money, Shares, Consumer goods through Hire purchase, major assets For the Thoroughbred horse racing champion see Swaps (horse. In finance a swap is a derivative in which two counterparties Freight derivative s which includes Forward Freight Agreement (FFA and options based on these are Financial instruments for trading in future levels of Freight rates Steel contracts started to be traded for the first time on the London Metal Exchange in 2007. Steel is an Alloy consisting mostly of Iron, with a Carbon content between 0 The London Metal Exchange or LME is the Futures exchange with the world's largest market in options and Futures contracts on base and

Commodities trading

Commodities exchanges usually trade futures contracts on commodities, such as trading contracts to receive something, say corn, in a certain month. In Finance, a futures contract is a standardized Contract, traded on a Futures exchange, to buy or sell a certain Underlying instrument 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. Market liquidity is a Business, Economics or Investment term that refers to an Asset 's ability to be easily converted through an act of buying

Commodities exchanges across the world

Main commodity exchanges worldwide:

Americas

Exchange	Abbreviation	Location	Product Types
Brazilian Mercantile and Futures Exchange	BMF	Brazil	Agricultural, Biofuels, Precious Metals
CME Group	CME	Chicago	Agricultural, Biofuels, Precious Metals
Chicago Climate Exchange	CCX	Chicago	Emissions
HedgeStreet Exchange		California	Energy, industrial Metals
Intercontinental Exchange	ICE		Energy, Emissions
Kansas City Board of Trade	KCBT	Kansas City	Agricultural
Memphis Cotton Exchange		Memphis	Agricultural
Mercado a Termino de Buenos Aires	MATba	Argentina	Agricultural
Minneapolis Grain Exchange	MGEX	Minneapolis	Agricultural
New York Board of Trade	NYBOT	New York	Agricultural, Biofuels
New York Mercantile Exchange	NYMEX	New York	Energy, Agricultural, Industrial Metals, Precious Metals
U.S. Futures Exchange	USFE	Chicago	Energy
Winnipeg Commodity Exchange	WCE	Winnipeg	Agricultural

Asia

Exchange	Abbreviation	Location	Product Types
Bursa Malaysia	MDEX	Malaysia	Biofuels
Central Japan Commodity Exchange		Nagoya	Energy, Industrial Metals, Rubber
Dalian Commodity Exchange	DCE	China	Agricultural, Plastics
Dubai Mercantile Exchange	DME	Dubai	Energy
Dubai Gold & Commodities Exchange	DGCX	Dubai	Precious Metals
Kansai Commodities Exchange	KANEX	Osaka	Agricultural
Multi Commodity Exchange	MCX	India	Energy, Precious Metals, Metals, Agricultural
National Commodity Exchange Limited		Karachi	Precious Metals, Agricultural
National Commodity and Derivatives Exchange	NCDEX	Mumbai	All
Singapore Commodity Exchange	SICOM	Singapore	Agricultural, Rubber
Tokyo Commodity Exchange	TOCOM	Tokyo	Energy, Precious Metals, Industrial Metals, Agricultural
Tokyo Grain Exchange	TGE	Tokyo	Agricultural
Zhengzhou Commodity Exchange	CZCE	China	Agricultural

Europe

Exchange	Abbreviation	Location	Product Types
Climex	CLIMEX	Amsterdam	Emissions
NYSE Euronext		Europe	Agricultural
European Climate Exchange	ECX	Europe	Emissions
London Metal Exchange	LME	London	Industrial Metals, Plastics
Risk Management Exchange	RMX	Hannover	Agricultural

Oceania

Exchange	Abbreviation	Location	Product Types
Australian Securities Exchange	ASX	Sydney	Agricultural

See also

• Commodity market
• Commodity trading in private electronic markets
• List of futures exchanges
• List of traded commodities

|utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld CME Group Inc ( is the world’s largest Futures exchange. CME Group was created July 12 2007 from the merger between the Chicago Mercantile Exchange (CME and the Chicago Chicago (ʃɪˈkɑːgoʊ is the largest City by population in the state of Illinois and the American Midwest of the United States. Chicago Climate Exchange (CCX is North America ’s only voluntary legally binding Greenhouse gas (GHG reduction and trading system for emission sources Chicago (ʃɪˈkɑːgoʊ is the largest City by population in the state of Illinois and the American Midwest of the United States. HedgeStreet is the first Internet-based government regulated (CFTC event futures/derivatives exchange. California ( is a US state on the West Coast of the United States, along the Pacific Ocean. IntercontinentalExchange ( is an American financial company that operates Internet-based marketplaces which trade futures and over-the-counter The Kansas City Board of Trade (KCBT located at 4800 Main Street in Kansas City Missouri, is a Commodity futures and options exchange regulated Kansas City Missouri only Items for the metro area Kansas City Kansas or North Kansas City MO should go on their respective pages The Memphis Cotton Exchange is located in downtown Memphis, Tennessee, on the corner of Front Street and Union Avenue Memphis is a City in the southwest corner of Tennessee, and the County seat of Shelby County. MATba is the Buenos Aires Futures and Options Exchange Matba was created in 1907 with the purpose to register and guarantee futures and options transactions For a topic outline on this subject see List of basic Argentina topics. The Minneapolis Grain Exchange (MGEX was formed in 1881 as a cash market for Grains. The New York Board of Trade (NYBOT is a wholly-owned subsidiary of IntercontinentalExchange (ICE New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The New York Mercantile Exchange (NYMEX is the World 's largest physical Commodity Futures exchange, located in New York City. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous US Futures Exchange (USFE is a Chicago-based electronic Futures exchange. Chicago (ʃɪˈkɑːgoʊ is the largest City by population in the state of Illinois and the American Midwest of the United States. The Winnipeg Commodity Exchange is the former name of a Derivatives market based in Winnipeg Manitoba, Canada now known as ICE Futures Canada Winnipeg (ˈwɪnɨpɛg is the capital and largest city in the Canadian province of Manitoba, and 7th largest municipality in Canada with a population The Bursa Malaysia ( or Malaysia Exchange, MYX previously known as Kuala Lumpur Stock Exchange ( KLSE, Bursa Saham Kuala Lumpur For the biogeographical region see Malesia Malaysia (məˈleɪʒə or /məˈleɪziə/ is a country that consists of thirteen states and Central Japan Commodity Exchange (C-COM is a Futures exchange based in Nagoya, Japan. is the third-largest incorporated city and the fourth most populous urban area in Japan. The Dalian Commodity Exchange ( DCE)(is a Chinese futures exchange based in Dalian. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Located within the Dubai International Financial Centre the Dubai Mercantile Exchange (DME is the first energy Futures exchange in the Middle East. Dubai (in دبيّ,) is one of the seven emirates and most populous city of the United Arab Emirates (UAE The Dubai Gold and Commodities Exchange (DGCX The Exchange was inaugurated on November 22nd 2005 by His Highness Sheikh Mohammad bin Rashid Al Maktoum UAE Vice President and Prime Minister Dubai (in دبيّ,) is one of the seven emirates and most populous city of the United Arab Emirates (UAE Kansai Commodities Exchange (KEX is a Futures exchange based in Osaka, Japan. is a city in Japan, located at the mouth of the Yodo River on Osaka Bay, in the Kansai region of the main island of Honshū Multi Commodity Exchange ( MCX) is an independent Commodity exchange based in India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country National Commodities Exchange Limited (NCEL is Pakistan's first futures commodity market having its registered Head office in Karachi. (ڪراچي) is the largest city in Pakistan. It is the world's second largest city proper behind Mumbai in terms of population which exceeds 10 million National Commodity & Derivatives Exchange Limited (NCDEX is an online Commodity exchange based in India. Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial Singapore The Tokyo Commodity Exchange (TOCOM is a non-profit organization and regulates trading of Futures contracts and option products of all commodities in officially, is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. officially, is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. Zhengzhou Commodity Exchange ( Chinese: 郑州商品交易所 ZCE) established in 1990, is a Futures exchange in Zhengzhou, one of China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west NYSE Euronext Inc (formerly NYSE Group Inc and Euronext NV) is a Euro - American for-profit corporation that operates multiple The European Climate Exchange (ECX manages the product development and marketing for ECX Carbon Financial Instruments (ECX CFIs listed and admitted to trading on the ICE Futures The London Metal Exchange or LME is the Futures exchange with the world's largest market in options and Futures contracts on base and London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. The Risk Management Exchange (RMX is a Futures exchange based in Hannover, Germany. Hanover (i ( haˈnoːfɐ on the river Leine, is the capital of the federal state of Lower Saxony ( Niedersachsen The Australian Securities Exchange ( ASX) is the primary Stock exchange in Australia. Sydney (ˈsɪdniː is the most populous city in Australia, with a Metropolitan area population of approximately 4 Commodity markets are markets where raw or primary products are exchanged A private electronic market (PEM utilises the internet to connect a limited number or pre-qualified buyers or sellers in one market This is a list of Futures exchanges Those Stock exchanges that also offer trading in Futures contracts besides trading in securities are listed Agricultural (Grains and Food and Fiber Livestock & Meat Energy Precious metals Industrial metals Rare

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