Commodity and Financial Product Futures and Options Exchanges

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Commodity and Financial Product Futures and Options Exchanges

Please also see the separate page on the Futures Market

Commodity and Financial Product Exchanges (including equity exchanges) began as "open outcry" markets where buyers and sellers (members) were physically present in a centralized location and interacted directly with each other through a series of verbal statements and visual signals. These exchanges have increasingly become electronic trading platforms where participants are now linked via dedicated digital data connections and trading is done via commands entered through a computer keyboard / screen. The products traded via these electronic platforms include soft agricultural commodities, hard commodities (metals), energy products, foreign exchange, equity securities and commodity indices, and interest rates.

The purpose of an exchange is to provide price transparency and related products (futures and options based on the prices of underlying commodities) so that participants can manage the risks associated with changes in the prices of these commodities. Regulated futures and options markets offer trading in standardized derivative contracts.: The exchanges themselves do not take proprietary trading positions in derivatives contracts on commodities and other financial instruments in the markets. Rather, they function as a neutral marketplace for their participants.; Secondly, exchanges do not set the prices of the traded commodities. The prices are determined in an open and continuous auction for contracts for the specific product on its respective exchange.

These exchanges have also shifted from being not-for-profit membership owned organizations but are now shareholder-owned corporations (“demutualization”) that compete and cooperate with each other on a daily basis by offering various competing contract products. The success of an indivdual exhcange is dependent upon its ability to:: Keep pace with rapid technological developments in software, hardware and integrated systems.; Develop new products and services.; Maintain existing market participants and attract new participants (the greater the number the participants the greater the liquidity).; Maintain a favorable relationship and position with regulatory agencies.; Adapt to revisions in domestic and foreign government policies and regulatory agency regulations.; Have a disaster recovery program / alternative trading platform in place in the event of a natural or man-made emergency.

Consumated trades on a regulated exchange are cleared and settled through a third party confirmation. Some exchanges offer Over-the-Counter (OTC) transactions in the United States as an Exempt Commercial Market under the Commodity Exchange Act. These OTC trasnactions are usually cleared bilaterally between the principal counterparties involved (some OTC contracts can also be traded on a cleared basis).

Futures Exchange Open Outcry Floor Brokers & Floor Traders

Only a licensed member of a specific futures exchange, or a person with trading privileges on a specific futures exchange, can trade on that exchange. An exchange provides an organized and regulated forum for participants (Producers, Suppliers, Distributors, Traders, Brokers, Investors, Investment Funds) to interact and also provides standardized futures contracts and standardized traded options contracts for those participants to lock-in pricing. These exchanges may also have some oversight for the warehousing of a physical commodity and the approval process of commodities for "good delivery" against contracts.

Some exchanges still have trading pits where licensed members physically interact with each other in order to consummate a transaction. These are the individuals who wear the distinctive colored or patterned jackets and also wear a badge with a two- to four-letter identifier name.

A floor broker is not an employee of an exchange. Rather, either he or she is individually licensed or is employed by a company that is licensed to conduct trading on the exchange. The floor broker receives and accepts buy or sell orders from clients that he or she must fill to the best of his or her ability. The auction process is still anonymous because while all of the brokers may know each other intimately, they do not know which client another broker is representing at any given time.

A floor trader is not an employee of an exchange. Rather, either he or she is individually licensed or is employed by a company that is licensed to conduct trading on the exchange. The floor trader buys and sells futures (and options) contracts for their, or their company's, account only (does not accept orders from third party clients).

When two members have agreed on a contract, the Seller of the contract is usually responsible for submitting the ticket (indicates commodity, quantity, delivery month, price, selling broker’s badge name, and that of the purchasing broker) to the exchange representative (an employee of the exchange responsible for the pit trading for that specific commodity or product) to have it time stamped. At some exchanges, this function may be completed by handheld, wireless PDAs that are connected to the exchange computer network. In either manner, the price for the specific commodity / product contract is reported to the exchange who, in turn, reports it publicly to all participants, and reports price changes to the general public.

Open outcry trading volume continues to decline in relation to electronic trading, which is also 24 hours. For instance, CME Group, wich includes the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX, including its COMEX division) also operates the CME Globex electronic trading platform. Globex also trades the futures and options products that are traded by open outcry (some futures and options products are traded solely on Globex). Globex accounts for approximately 80% of the average daily trading volume of all futures and optons contracts traded within the CME Group. For instance, for November 2009, CME Group volume averaged 10.8 million contracts per day. Total volume was 216 million contracts for November 2009, of which 82% was traded electronically. Electronic volume averaged 8.8 million contracts per day.

International Directory of Futures & Options Exchanges

Ahmedabad Commodity Exchange Limited (ACE): Ahmedabad Commodity Exchange Ltd. is located in India; Castor seeds futures trading; www.acecastorfuture.com/


Australian Securities Exchange (ASX): Formed in 2006 from the merger of the Sydney Futures Exchange merged with the Australian Stock Exchange; The MLA/SFE Cattle Futures contracts were delisted in August 2009.; As a result of the merger of the Australian Stock Exchange and SFE Corporation (Sydney Futures Exchange), ASX Limited operates two wool futures markets: ASX Wool Futures and SFE Wool Futures.; Contracts traded on ASX Futures are cleared and settled by Australian Clearing House and Electronic Sub-register System (CHESS).; Regulated by the Australian Securities and Investment Commission’s (ASIC); www.asx.com.au/products/futures_options/index.htm; Western Australia Wheat; Australian Milling Wheat; Australian Feed Barley; Australian Canola; Australian Sorghum; ASX 19.5 Micron China Type Wool; ASX 21.0 Micron China Type Wool; ASX 22.6 Micron China Type Wool; SFE Fine Wool Futures (19 Micron); SFE Greasy Wool Futures (21 Micron); SFE Greasy Wool Options (21 Micron); SFE Broad Wool Futures (23 Micron); ASX Thermal Coal (FOB Newcastle) Futures; d-cypha SFE NSW Base Load Electricity Futures; ASX 30 Day Interbank Cash Rate Futures


Bikaner Commodity Exchange Ltd.: Located in India; Rapeseed - Mustard Seed Futures; Rapeseed - Mustard Oil Futures; Rapeseed - Mustard Cake Futures; Guar Seed Futures; www.bcel.org/


Brazilian Commodity Exchange (BBM / Bolsa Brasileira de Mercadorias): Provides contracts on coffee, sugar, ethanol, gold; http://www.bbmnet.com.br/


Brazilian Mercantile & Futures Exchange (BM&F / Bolsade Mercadorias and Futuros): Provides gold futures contracts; Brazilian interest rate contracts; currency contracts; Brailian equity index contracts; futures contract on sovereign debt instruments; soft commodities futures contracts on alcohol (ethanol production), coffee (arabica and robusta), corn, cotton, feeder cattle, soybeans.; www.bmfbovespa.com.br/en-us/markets/commodities-and-futures/commodities-and-futures.aspx?idioma=en-us


Boston Options Exchange (BOX): BOX commenced trading on February 6, 2004.; Provides trading in equity and index options.; All options traded on BOX are cleared and settled by the Options Clearing Corporation (OCC).; www.bostonoptions.com/


Buenos Aires Cereal Exchange (Bolsa de Cereales): Located in Argentina; www.bolcereales.com.ar/


Bursa Malaysia: KLCI (FKLI) Futures; KLCI (OKLI) Options; 3 Month Month Kuala Lumpur Interbank Offered Rate interest rate (FKB3) Futures; Crude Palm Oil (FCPO) Futures; 3-Year Malaysian Government Securities (FMG3) Futures; 5-Year Malaysian Government Securities (FMG5) Futures; 10-Year Malaysian Government Securities (FMGA) Futures; Crude Palm Kernel Oil (FPKO) Futures; Single Stock Futures (SSFs); Ethylene OTC Futures Contract; www.bursamalaysia.com/


Central Japan Commodity Exchange: Gold; Gasoline; Kerosene; Eggs; RSS3; Rubber Index; http://www.c-com.or.jp/


Chicago Board Options Exchange (CBOE): The CBOE commenced operations on April 26, 1973, and provides standardized, listed stock options.; Provides options trading on the S&P 500 Index (SPX), options trading on NASDAQ stocks, options trading on interest rate products, Long-term Equity AnticiPation Securities(LEAPS); CBOE option transactions are cleared and settled by the Options Clearing Corporation (OCC).; www.cboe.com/; Barley, Western
Corn (Day)

Corn Futures - Composite

Corn Futures - eCBT

Denatured Fuel Ethanol

Denatured Fuel Ethanol Futures - eCBT

Diammonium Phosphate

Ethanol Futures

Hard Red Spring Wheat(Day)

Maize

Milling Wheat #2

Mini Corn

National Corn Index, Cash

National Soybean Index, Cash

Oats

Oats (Day)

Rapeseed

Rapeseed (Canola)

Rough Rice

Rough Rice (Day)

Soft Red Winter Wheat Index

South American Soybeans

Soybean Crush Futures

Soybean Meal (Day)

Soybean Meal Futures - Composite

Soybean Meal Futures - eCBT

Soybean Mini Futures - eCBT

Soybean Oil (Day)

Soybean Oil Futures - Composite

Soybean Oil Futures - eCBT

Soybeans

Soybeans (Day)

Spring Wheat Index Futures
Urea; Corn (Day); Corn Futures - Composite; Corn Futures - eCBT; Denatured Fuel Ethanol; Denatured Fuel Ethanol Futures - eCBT; Diammonium Phosphate; Ethanol Futures; Hard Red Spring Wheat(Day); Maize; Milling Wheat #2; Mini Corn; National Corn Index, Cash; National Soybean Index, Cash; Oats; Oats (Day); Rapeseed; Rapeseed (Canola); Rough Rice; Rough Rice (Day); Soft Red Winter Wheat Index; South American Soybeans; Soybean Crush Futures; Soybean Meal (Day); Soybean Meal Futures - Composite; Soybean Meal Futures - eCBT; Soybean Mini Futures - eCBT; Soybean Oil (Day); Soybean Oil Futures - Composite; Soybean Oil Futures - eCBT; Soybeans; Soybeans (Day); Spring Wheat Index Futures; Urea Ammonium Nitrate; Wheat; Wheat (B); Wheat (Day); Wheat (hard red) Futures - Composite; Wheat (hard red) Futures - electronic; Wheat Futures - Composite; Wheat Futures - eCBT; Wheat Futures - electronic; Wheat Index (hard winter), Cash; Wheat Mini Futures - eCBT


CBOE Futures Exchange (CFE): The CFE is a subsidiary of the Chicago Board Options Exchange (CBOE; fully electronic futures exchange).; CBOE Russell 2000 Volatility Index Futures; CBOE Volatility Index (VIX) Futures; CBOE Mini-VIX (VM) Futures; S&P 500 3-month Variance Futures; S&P 500 12-month Variance Futures; cfe.cboe.com/


Chicago Board of Trade (CBOT): The Chicago Board of Trade (CBOT) was acquired by the Chicago Mercantile Exchange (CME) in July 2007 and was renamed the CME Group Inc. (which includes the NYMEX and COMEX markets).; Commodity Products; Corn Futures; Corn Options; Mini-sized Corn; Mini-sized Soybean; Mini-sized Wheat; Oat Futures; Oat Options; Rough Rice Futures; Rough Rice Options; Soybean Futures; Soybean Options; Soybean Crush Futures; Soybean Crush Options; Soybean Meal Futures; Soybean Meal Options; Soybean Oil Futures; Soybean Oil Options; Wheat Futures; Wheat Options; Energy; Ethanol Calendar Swaps; Ethanol Gulf Coast Basis Swaps; Ethanol Los Angeles Basis Swaps; Ethanol New York Harbor Basis Swaps; Equities Indexes; Big Dow DJIA ($25) Futures; Dow ($10) Futures; Dow ($10) Options; Dow Jones US Real Estate Index Futures; E-Mini Dow ($5) Futures; E-Mini Dow ($5) Options; Interest Rates; 10-Year U.S. Treasury Note Futures; 10-Year U.S. Treasury Note Options; 2-Year U.S. Treasury Note; 30-Year U.S. Treasury Bond; 5-Year U.S. Treasury Note Futures; 5-Year U.S. Treasury Note Options; CBOT 5-Year Interest Rate Swap Futures; CBOT 5-Year Interest Rate Swap Options; CBOT 7-Year Interest Rate Swap Futures; CBOT 7-Year Interest Rate Swap Options; CBOT 10-Year Interest Rate Swap Futures; CBOT 10-Year Interest Rate Swap Options; CBOT 30-Year Interest Rate Swap Futures; CBOT 30-Year Interest Rate Swap Options; Mini-sized Eurodollar



Chicago Climate Futures Exchange (CCFE): The CCFE offers standardized and cleared futures and options contracts on emission allowances and other environmental products.; Designated Contract Market (DCM) by the CFTC; www.ccfe.com/


Chicago Mercantile Exchange (CME Group, Inc.): On July 9, 2007, the Chicago Board of Trade (CBOT) became a wholly-owned subsidiary of CME Group Inc., and on August 22, 2008, The New York Mercantile Exchange (NYMEX) became a wholly-owned subsidiary of CME Group Inc.; Futures contracts and options on futures (open outcry / pit trading and after hours trading on GLOBEX), on agricultural commodities, foreign currencies, interest rates and stock indices. IMM division (International Money Market trades financial products), IOM division (Index and Options Market) for the purpose of listing index and options markets, GEM division (Growth and Emerging Markets); Quote Vendor Symbol Search www.cmegroup.com/tools-information/vendorSymbol.html; Commodities; Butter Futures and Options; Butter Spot Call; Cash-Settled Butter Futures; Cheese Spot Call; Class III Milk Futures and Options; Class IV Milk Futures and Options; Dry Whey Futures and Options; Feeder Cattle Futures and Options; Frozen Pork Bellies Futures and Options; Hardwood Pulp Futures and Options; Lean Hogs Futures and Options; Live Cattle Futures and Options; Nonfat Dry Milk Futures and Options; Nonfat Dry Milk Spot Call; Random Length Lumber Futures and Options; S&P-GSCI Futures and Options; S&P-GSCI Options; S&P-GSCI Excess Return Index Futures; S&P-GSCI Excess Return Index Swap; Softwood Pulp Futures and Options; Currencies (futures and options); Australian Dollar Futures and Options; Australian Dollar/Canadian Dollar Futures; Australian Dollar/Japanese Yen Futures; Australian Dollar/New Zealand Dollar Futures; Brazilian Real Futures and Options; British Pound Futures and Options; British Pound/Japanese Yen Futures; British Pound/Swiss Franc Futures; CME$INDEX Futures and Options; Canadian Dollar Futures and Options; Canadian Dollar/Japanese Yen Futures; Chinese Renminbi Futures and Options; Chinese Renminbi/Euro Futures and Options; Chinese Renminbi/Japanese Yen Futures and Options; Czech Koruna Futures and Options; E-mini Euro FX Futures; E-mini Japanese Yen Futures; Euro FX Futures and Options; Euro FX/Australian Dollar Futures; Euro FX/British Pound Futures and Options; Euro FX/Canadian Dollar Futures; Euro FX/Czech Koruna Futures and Options; Euro FX/Hungarian Forint Futures and Options; Euro FX/Japanese Yen Futures and Options

Euro FX/Norwegian Krone Futures; Euro FX/Norwegian Krone Futures; Euro FX/Polish Zloty Futures and Options; Euro FX/Swedish Krona Futures; Euro FX/Swiss Franc Futures and Options; Hungarian Forint Futures and Options; Israeli Shekel Futures and Options; Japanese Yen Futures and Options; Korean Won Futures and Options; Mexican Peso Futures and Options; New Zealand Dollar Futures and Options; Norweigan Krone Futures; Polish Zloty Futures and Options; Russian Ruble Futures and Options; South African Rand Futures and Options; Swedish Krona Futures; Swiss Franc Futures and Options; Swiss Franc/Japanese Yen Futures; Turkish Lira USD Futures and Options; Turkish Lira Euro Futures; Interest Rates (futures and options); Three-month Euro futures; 90-day U.S. Treasury Bill; One year U.S. Treasury Bill; One-month Federal Funds rate (futures); One-month LIBOR; Brady Bonds: Argentine FRB, Brazilian "C" & EI, Mexican par; 91-day Mexican Treasury bills (CETES); Stock Indexes (futures & options); S&P 500; E-mini S&P 500; S&P 500/BARRA Growth Index; S&P 500/BARRA Value Index; S&P Mid Cap 400; Nikkei 225; FT-SE 100; IPCTM Mexican Stock Index; Russell 2000 Stock Price Index; Major Market Index & Trade; Nasdaq 100 Index; Dow Jones Taiwan Stock Index; Other (futures and options); Random length lumber; Oriented strand board; GSCI (TM/SM)


Coffe, Sugar and Cocoa Exchange (CSCE): Predecessor of the New York Board of Trade (NYBOT; The NYBOT is now merged with ICE Futures).


COMEX: The Commodity Exchange, Inc. (COMEX) is a division of the New York Mercantile Exchange (NYMEX) / CME Group.; www.cmegroup.com/company/comex.html; COMEX miNY Gold Futures; COMEX miNY Silver Futures; E-mini Copper Futures; Gold Futures; Gold Options; Silver Futures; Silver Options; Copper Futures; Copper Options


Dalian Commodity Exchange (DCE): Located in the Peoples Republic of China; Corn; Soybean No.1; Soybean No.2; Soybean meal; Soybean oil; RBD palm oil; LLDPE and PVC; www.dce.com.cn/


Dubai Multi Commodities Center: Gold; Diamonds; Coloured Gemstones; Pearls; Liquid Natural Gas (LNG); Steel; Base metals; Tea; Cotton; www.dmcc.ae/


European Options Exchange (EOE) / Amsterdam EXchange (AEX): The operations of the EOE / AEX have merged into Euronext.


Eurex: Joint venture of the Deutsche Börse and SWX Swiss Exchange, is the largest derivatives exchange in the world based on volume; Contracts include:; 2-year German Government Bond; 5-year German Government Bond; 10-year German Government Bond (Bund)
: Eurex US; Contracts (futures and options) include:; 2-year U.S. Treasury Note; 5-year U.S. Treasury Note; 10-year U.S. Treasury Note; 30-year U.S. Treasury Bond; www.eurexchange.com/


FINEX: The currency futures and options division of NYBOT is now part of ICE Futures


Financiele Termijnmarket Amsterdam (FTA): The operations of Financiele Termijnmarket Amsterdam (FTA) have been merged into Euronext


Hong Kong Exchanges & Clearing (HKFE): FTSE/Xinhua China 25 Index Futures & Options; Hang Seng China H-Financials Index Futures; Hang Seng Index Futures & Options; H-shares Index Futures & Options; Mini-Hang Seng Index Futures & Options; HIBOR Futures; Three-Year Exchange Fund Note (EFN) Futures; Equity futures and options; www.hkex.com.hk/


ICE Futures Europe: Successor to the International Petroleum Exchange (IPE); Located in London, UK; Electronic platform only.; Benchmark contracts include: Brent crude futures contract for pricing light, sweet crude oil produced and consumed outside of the United States; provides the ICE WTI Crude futures contract, ICE Gas Oil futures contract (European heating oil), ICE UK Natural Gas futures contract, the ICE UK Electricity futures contract, the ICE Unleaded Gasoline Blendstock (RBOB) futures contract, the ICE Heating Oil futures contract and options based on the ICE Brent Crude and ICE Gas Oil futures contracts; offers the cleared OTC Henry Hub natural gas contract.; Contracts traded on ICE Futures are cleared and settled by LCH.Clearnet.; Recognized Investment Exchange regulated by the FSA.; www.theice.com/
: ICE Brent Crude Futures; ICE WTI Crude Futures; ICE ASCI (Argus Sour Crude Index price) Futures; ICE Gasoil Futures; ICE UK Natural Gas Futures (Monthly); ICE UK Base Electricity Futures (Monthly); ICE ECX CER Daily Futures; ICE Richards Bay Coal Futures; ICE Rotterdam Coal Futures; ICE gC Newcastle Coal Futures


ICE Futures, U.S. (IntercontinentalExchange): Successor to the New York Board of Trade (NYBOT).; Includes both an electronic platform and physical trading floor based in New York.; Soft agricultural commodities (sugar, cotton, coffee, cocoa and frozen concentrated orange juice) and financial futures and options exchange.; Provides the benchmark Sugar No. 11 futures contract for raw sugar, Coffee “C” (arabica coffee) and Cotton No. 2.; Provides futures and options contracts on the Russell Indices of U.S. equities.; Contracts traded on ICE/NYBOT are cleared and settled by the New York Clearing Corporation (NYCC), which is owned by the exchange.; Regulated by the Commodity Futures Trading Commission (CFTC).; www.theice.com/


International Petroleum Exchange (IPE): IPE is now 100% owned by IntercontinentalExchange, Inc., which effective October 2005, changed its name to ICE Futures Europe


International Securities Exchange (ISE): Provides trading in equity, ETF, index, FX options; www.ise.com/


Istanbul Gold Exchange (Istanbul Altin Borsai): www.iab.gov.tr/


Jakarta Futures Exchange (JFX): www.bbj-jfx.com/


Joint Asian Derivatives Exchange (JADE): Located in Singapore; TSR 20 Rubber Futures Contract; Crude Palm Oil Futures Contract; www.jadeexchange.com/


Kansai Commodities Exchange (KEX): Fukuoka Futures Exchange merged with the KEX in 2006; Azuki (red beans) — Grade 2 produced in Hokkaido; Coffee index — cash settled average of arabica and robusta on the Tokyo Grain Exchange; Corn 75 index — cash settled average price of corn at Tokyo Grain Exchange; Frozen shrimp — frozen raw headless shell-on black tiger prawns for delivery at Osaka or Kobe; IOM soybeans (possibly GMO); Non-GMO soybeans — identity-preserved number 2 yellow soybeans of certain USA states origin, delivered in Japan; Raw silk — 27 denier 3A produced in Japan, delivered to Kobe or Yokohama; Raw sugar; www.kanex.or.jp/


Kansas City Board of Trade (KCBT): Wheat Futures and Options; Value Line Futures and Options; www.kcbt.com/


Korea Exchange (KRX): www.krx.co.kr/index.html


London Metal Exchange (LME): Recognized Investment Exchange regulated by the FSA.; Aluminum; Aluminum Alloy; Copper Grade A; Lead; Nickel; Tin; Zinc; NASAAC (North American Special Aluminium Alloy Contract); Futures and options contracts based on an index (LMEX); www.lme.co.uk/


London International Financial Futures and Options Exchange (LIFFE): Commenced operation in 1982, merged with the London Commodity Exchange in 1996; Acquired by Euronext and now known as NYSE Liffe


Marché à Terme International de France (MATIF): The operations of MATIF have been merged into Euronext / NYSE LIffe


Marchédes Options Négociables de Paris (MONEP): The operations of MONEP have been merged into Euronext / NYSE Liffe


Mercado Oficial de Futuros y Opciones Financieros (MEFF / Spanish Official Exchange for Financial Futures and Options): Located in Barcelona, Spain; IBEX-35 Index futures contract; IBEX-35 Mini Futures; Equity options (Spain and Europe); Contract traded on MEFF and cleared and settled by MEFFCLEAR; Regulated by the Comisión Nacional del Mercado de Valores; www.meff.es/


Minneapolis Grain Exchange (MGEX): Hard Red Spring Wheat Futures and Options; Agricultural index contracts (National Corn Index / NCI, National Soybean Index / NSI, Hard Red Spring Wheat Index / HRSI, Hard Red Winter Wheat Index / HRWI, Soft Red Winter Wheat Index / SRWI); www.mgex.com/


Multi Commodity Exchange of India (MCX): Gold Bullion; Oil and Oil Seeds; Spices; Metal; Fiber; Cereals; Chana (Desi Chickpeas); Energy; Plantation Products / Rubber; Weather; www.mcxindia.com/


NASDAQ OMX Futures Exchange (NFX): Located in the United States; IDEX USD Interest Rate Swap Futures; Currency Futures; Sector Index Futures; www.nasdaqtrader.com/Micro.aspx?id=PBOToverview


National Board Of Trade Ltd.: Located in India; Soybeans; Rape Seed / Mustard; Palm Oil; www.nbotind.org/


National Commodity & Derivatives Trade Ltd. (NCDEX): Located in India; Plantation Products; Pulses (Peas); Cereals; Spices; Fibers; Oil & Oilseeds; Polymers; Metals; Energy; Precious Metals; Guar Seeds; www.ncdex.com/


National Multi-Commodity Exchange of India Limited (NMCE): Oil Seeds; Oils; Oil Cakes; Metals; Spices; Pulses; Plantation; www.nmce.com/


New York Board of Trade (NYBOT): NYBOT is 100% owned by IntercontinentalExchange, Inc., (January 2007) which effective September 3, 2007, changed its name to ICE Futures U.S., Inc.


New York Cotton Exchange (NYCE): Predecessor of the New York Board of Trade (NYBOT; NYBOT is now ICE Futures).


New York Mercantile Exchange (NYMEX): On August 22, 2008, The New York Mercantile Exchange (NYMEX) became a wholly-owned subsidiary of CME Group Inc.; Includes physical trading pits and electronic trading (Globex); www.cmegroup.com/company/nymex.html; Commodities; NYMEX Cocoa Futures; NYMEX Coffee Futures; NYMEX Cotton Futures; Nymex No. 11 Sugar Futures; Energy; Gulf Coast Gasoline Futures; Heating Oil Futures; Crude Oil Financial Futures; NYMEX Ethanol Futures; Cleared OTC Ethanol Forward Month Swaps Futures; Cleared OTC Ethanol New York Harbor Basis Swaps Futures; Light Sweet Crude Oil; Henry Hub Natural Gas; New York Harbor Unleaded Gasoline; Propane; Sour Crude Oil; Crack Spreads; Electricity; Permian Basin Natural Gas; Alberta Natural Gas; Metals; Copper; Gold; Silver; Platinum; Pallidium


Nordic Exchange: Futures and options on Danish, Finnish, Icelandic, Norwegian, Russian and Swedish equities.


North American Derivatives Exchange (NADEX): Formerly known as HedgeStreet.; Retail exchange but is regulated by the CFTC; Trade stock indices, commodities, forex, and economic events with Limited Risk contracts; www.nadex.com/


NYSE Liffe Futures and Options: Located in London, UK (formerly the London International Financial Futures and Options Exchange / LIFFE; Euronext.liffe); Benchmark contracts include:; Cocoa Futures; Cocoa Options; Robusta Coffee Futures; Robusta Coffee Options; Corn Futures; Corn Options; Rapeseed Futures; Rapeseed Options; Rapeseed Oil Futures; Rapeseed Oil Options; Raw Sugar Futures; Raw Sugar Options; White Sugar Futures; White Sugar Options; Feed Wheat Futures; Feed Wheat Options; Milling Wheat Futures; Milling Wheat Options; www.euronext.com/landing/liffeLanding-12601-EN.html


OneChicago: Stock futures exchange that lists single stock futures, not basket of stocks.; www.onechicago.com/


Osaka Securities Exchange (OSE): Nikkei 225 Futures; Nikkei 225 mini; Nikkei 300 Futures; RN Prime Index Futures; www.ose.or.jp/e/futures/index.html


Risk Management Exchange (RMX): Located in Germany; Hogs; Piglets; Potatoes (Table, European Processing and London); Wheat; www.wtb-hannover.de/content/index_en.shtml?t2&en


Rosario Futures Exchange (ROFEX): Located in Argentina; www.rofex.com.ar/


Shanghai Futures Exchange: Located in the Peoples Republic of China; www.shfe.com.cn/


Singapore Commodity Exchange (SICOM): Natural Rubber; www.sicom.com.sg/


Singapore Exchange (SGX): Asian equity futures and options contracts; Interest rate futures contracts; www.sgx.com/


South Africa Futures Exchange (SAFEX) / JSE Ltd.: Agricultural Products; Equity Derivatives; www.safex.co.za/


Swiss Options and Financial Futures Exchange (SOFFEX): Swiss Options and Financial Futures Exchange (SOFFEX) was merged into EUREX


Sydney Futures Exchange (SFE): In 2006 the Sydney Futures Exchange merged with the Australian Stock Exchange. The merged company operates under the name Australian Securities Exchange (ASX).


Taiwan Futures Exchange (TAIFEX): TAIEX Futures; Electronic Sector Index Futures; Finance Sector Index Futures; MiNi-TAIEX Futures; TAIEX Options; Electronic Sector Index Options; Finance Sector Index Options; Equity Options; Taiwan 50 Futures; 10-year Government Bond Futures; 30-Day Commercial Paper Interest Rate Futures; TAIFEX MSCI Taiwan Index Futures; TAIFEX MSCI Taiwan Index Options; TAIFEX Gold Futures; NonFinance NonElectronics Sub-Index Futures; NonFinance NonElectronics Sub-Index Options; GreTai Securities Market Stock Index Futures; GreTai Securities Market Stock Index Options; TAIFEX NT Dollar Gold Futures; Gold Options; www.taifex.com.tw/


Thailand Futures Exchange (TFEX): SET50 Index Futures; SET50 Index Options; Stock Futures; Gold Futures; www.tfex.co.th/en/index.html


Tokyo Commodity Exchange (TOCOM): Futures contracts on Gasoline, Kerosine, Crude oil, Rubber; Aluminum; Gold; Silver; Platinum; Pallidium; Options on Gold; www.tocom.or.jp/index.html


Tokyo Financial Exchange: Three-month Euro-Yen Futures; Options on Three-month Euro-Yen Futures; Overnight Call Rate Futures; Spot Next Repo Rate Futures; www.tfx.co.jp/en/


Tokyo Grain Exchange: Corn Futures; Soybean Futures; Non-GMO Soybeans Futures; Azuki (Red Bean) Futures; Arabica Coffee Futures; Robusta Coffee Futures; Raw Sugar Futures; www.tge.or.jp/english/index.shtml


Wiener Börse AG Futures & Options: The Österreichische Termin und Optionenbörse (ÖTOB / Austrian Futures & Options Exchange) merged with the Wiener Börse AG; Austrian Traded Index (ATX Options and ATX Futures); ATX five (ATF Options and ATF Futures); Immobilien-ATX (IATX-Futures); en.wienerborse.at/marketplace_products/segmentation/derivativesmarket/index.html


Zhengzhou Commodity Exchange (CZCE): Located in China; Wheat Futures; Cotton Futures; Sugar Futures; Rapeseed Futures; english.czce.com.cn/

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