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The Chicago Board of Trade (CBOT), established in 1848, is the world's oldest commodity for trading in futures and options. CBOT, as a leading exchange for trading of derivatives products, trades more than 50 different futures and options by over 3,600 CBOT members through open outcry auction and / or eTrading. Volumes at the exchange in 2003 was a record breaking 454 million contracts.
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