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New York Board of Trade

New York Board of Trade Definition

The New York Board of Trade (NYBOT) is a futures and options exchange located in New York City, which trades agricultural products, currency and indexes.

The New York Board of Trade was renamed "ICE Futures US" in September of 2007, after it agreed to become a unit of and wholly owned subsidiary of IntercontinentalExchange (ICE).

 


Additional meaning of New York Board of Trade:

It originated in 1870 as the New York Cotton Exchange (NYCE). In 1998, the New York Board of Trade became the parent company of both the New York Cotton Exchange and the Coffee, Sugar and Cocoa Exchange (CSCE) (founded in 1882) and that now function as divisions of the NYBOT. On September 14, 2006, NYBOT agreed to become a unit of ICE and this transaction was completed on January 12, 2007.


RELATED CATEGORIES
Exchanges
Options & Futures




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