X-Nico

4 unusual facts about Futures exchange


Arthur Forwood

The brothers made a fortune "first from wartime speculation and blockade running, and then from exploiting telegraph and cotton futures".

Futures exchange

One of the earliest written records of futures trading is in Aristotle's Politics.

The London Metal Market and Exchange Company (London Metal Exchange) was founded in 1877, but the market traces its origins back to 1571 and the opening of the Royal Exchange, London.

The Chicago Produce Exchange was established in 1874, renamed the Chicago Butter and Egg Board in 1898 and then reorganised into the Chicago Mercantile Exchange (CME) in 1919.



see also

LME

London Metal Exchange, the futures exchange with the world's largest market in options and futures contracts on base and other metals

TFX

Tokyo Financial Exchange (TFX), a futures exchange for trading futures contracts