CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

CBOT

What is CBOT?

The Chicago Board of Trade, otherwise known as CBOT, is the oldest futures exchange in the US. Established in 1848, it started out trading agricultural commodities such as wheat and corn, and became a site for grain brokers to do their buying and selling in one central place.

Where have you heard about CBOT?

If you’ve ever been to Chicago, you may well have taken photos of the towering art deco CBOT skyscraper, one of the city’s landmark buildings. It has also appeared in Hollywood movies such as Ferris Bueller’s Day Off, The Untouchables and Batman Begins.

What you need to know about CBOT...

For much of its past, deals were done via an open auction market, where traders met in one of the many octagonal trading pits and used hand signals to execute trades. In recent years, however, CBOT has introduced electronic trading to keep up with modern demand.

Today, CBOT offers options and futures contracts on a wide range of products including gold, silver and US Treasury bonds.

In 2007, CBOT merged with the Chicago Mercantile Exchange  to form the CME Group, which collectively handles trades in financial products, commodities and alternative futures products.

Related Terms

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 580.000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading