futures exchange

  

Definition

Trading center with established rules and regulations, and where buyers and sellers meet to trade futures contracts and options in commodities and financial instruments. World's major futures exchanges are Chicago Board Of Trade, Chicago Mercantile Exchange, Commodity Exchange (New York), Financial Futures Market (Montreal, Canada), Gold Exchange of Singapore, Hong Kong Commodities Exchange, International Futures Exchange (Bermuda), London International Futures Exchange, Mid America Commodity Exchange (Chicago), New York Futures Exchange, Sydney Futures Exchange, Tokyo International Financial Futures Exchange, and Toronto Stock Exchange Futures Market.

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