Three of the biggest U.S. commodities exchangesthe CME, CBOT, and NYMEX were identified in this chapter. Other
Question:
Three of the biggest U.S. commodities exchanges—the CME, CBOT, and NYMEX—
were identified in this chapter. Other U.S. exchanges and several foreign commodities exchanges are also closely followed in the United States. Go to the Wall Street Journal Online, http://www.wsj.com, and look in the Commodities & Futures section under Markets Data for a list of recent futures quotes. As noted in this chapter, futures quotes include the name of the exchange on which a particular contract is traded.
a. Using these quotes, how many U.S. commodities exchanges can you identify? List them.
b. Are quotes from foreign exchanges listed in the Wall Street Journal? If so, list them.
c. For each U.S. and foreign exchange you found in parts a and
b, give an example of one or two contracts traded on that exchange. For example, CBOT—Chicago Board of Trade: oats and Treasury bonds.
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