Opening Chicago Board of Trade

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A commodity exchange established in 1848 that today trades in both agricultural and financial contracts. The CBOT originally traded only agricultural commodities such as wheat, corn and soybeans. Now, the CBOT offers options and futures contracts on a wide range of products including gold, silver, U.S. Treasury bonds and energy.

Read more: http://www.investopedia.com/terms/c/cbot.asp#ixzz2LAVPEsIy
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