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Kansas City Board of Trade |
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Kansas City Board of Trade (KCBT) The U.S.-based futures and options exchange for no. 2 red wheat futures and, options, Value Line Index futures and Mini Value Line futures and options. Kansas City Board of Trade A derivatives exchange based in Kansas City on which commodities, futures, and options are traded. Primarily, the exchange trades derivatives related to hard red winter wheat, which is a primary ingredient in bread and an important agricultural product in the area. Additionally, in 1982, the KCBT became the first exchange to offer an index futures on a stock exchange when it introduced Value Line futures. It was established in 1856 and is regulated by the CFTC.
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