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CBOT |
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See Chicago Board of Trade.
Chicago Board of Trade Established in 1848, it was the oldest options and futures exchange in the world when it ceased operations in 2007 after being acquired by and merged into the Chicago Mercantile Exchange. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Based on the closing stock prices of CME and CBOT on October 16, 2006, the last trading day prior to the announcement of the merger, the combined company is valued at $25 billion (CME equity $18 billion; CBOT equity $7 billion). Everybody we've talked with following the announcement says it'll be business as usual for growers using the futures and options ag markets at the CBOT and/or Merc. In related news, The Chicago Board of Trade (CBOT; Chicago, IL) and Dow Jones Newswires (New York) have launched "Commodity News for Tomorrow," a custom newsletter for CBOT market participants. |
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