Commodity Exchange by mnmgroup

VIEWS: 40 PAGES: 5

									The floor of the Chicago Board of Trade, a major commodities exchange in the United
States.

A commodities exchange is an exchange where various commodities and derivatives
products are traded. Most commodity markets across the world trade in agricultural
products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee,
milk products, pork bellies, oil, metals, etc.) and contracts based on them. These contracts
can include spot prices, forwards, futures and options on futures. Other sophisticated
products may include interest rates, environmental instruments, swaps, or ocean freight
contracts.

Commodities trading
Commodities exchanges usually trade futures contracts on commodities, such as trading
contracts to receive something, say corn, in a certain month. A farmer raising corn can
sell a future contract on his corn, which will not be harvested for several months, and
guarantee the price he will be paid when he delivers; a breakfast cereal producer buys the
contract now and guarantees the price will not go up when it is delivered. This protects
the farmer from price drops and the buyer from price rises.

Speculators and investors also buy and sell the futures contracts in attempt to make a
profit and provide liquidity to the system. However, due to the leverage provided by the
exchange to traders those participating in commodity futures trading face substantial
amounts of speculative risk[1].

Commodities exchanges across the world
Main commodity exchanges worldwide:

Africa

      Exchange          Abbreviation       Location                Product Types
Ethiopia Commodity                     Addis Ababa,
                        ECX                               Agricultural
Exchange                               Ethiopia
Africa Mercantile                                         Agricultural,equities and energy
                      AfMX             Nairobi, Kenya
Exchange                                                  products

Americas

         Exchange            Abbreviation      Location             Product Types
Brazilian Mercantile and                    São Paulo,        Agricultural, Biofuels,
                             BMF
Futures Exchange                            Brazil            Precious Metals
Chicago Board of Trade                                        Grains, Ethanol, Treasuries,
                             CBOT           Chicago, US
(CME Group)                                                   Equity Index, Metals
Chicago Mercantile                                            Meats, Currencies,
                             CME            Chicago, US
Exchange (CME Group)                                          Eurodollars, Equity Index
Chicago Climate Exchange     CCX            Chicago, US       Emissions
HedgeStreet Exchange                        California, US Energy, industrial Metals
                                            Atlanta, Georgia, Energy, Emissions,
Intercontinental Exchange    ICE
                                            US                Agricultural, Biofuels
Integrated Nano-Science
                             INSCX          United Kingdom Engineered nanomaterials
Commodity Exchange
Kansas City Board of Trade   KCBT           Kansas City, US Agricultural
Memphis Cotton Exchange                     Memphis, US     Agricultural
Mercado a Termino de                        Buenos Aires,
                             MATba                          Agricultural
Buenos Aires                                Argentina
Minneapolis Grain
                             MGEX           Minneapolis       Agricultural
Exchange
New York Mercantile                                           Energy, Precious Metals,
                             NYMEX          New York, US
Exchange (CME Group)                                          Industrial Metals
U.S. Futures Exchange        USFE           Chicago, US       Energy

Asia

   Exchange    Abbreviation          Location                  Product Types
Bursa Malaysia MDEX                Malaysia       Biofuels
Cambodian
                                   Phnom Penh,    Energy, Industrial Metals, Rubber,
Mercantile     CMEX
                                   Cambodia       Precious Metals, Agri Commodities.
Exchange
Central Japan
Commodity                          Nagoya,Japan Energy, Industrial Metals, Rubber
Exchange
Dalian                                           Agricultural, Plastics, Energy,
Commodity      DCE                 Dalian, China Industrial Metals, Bullions, Agri
Exchange                                         Commodities
Dubai
Mercantile         DME      Dubai          Energy
Exchange
Dubai Gold &
Commodities        DGCX     Dubai          Precious Metals
Exchange
Hong Kong
Mercantile         HKMEx    Hong Kong      Gold
Exchange
Iranian oil                 Kish Island,
                   IOB                     Oil, Gas, Petrochemicals
bourse                      Iran
Kansai
Commodities        KANEX    Osaka,Japan    Agricultural
Exchange
Commodities &
Metal Exchange     COMEN    Nepal          Gold and Silver
Nepal Ltd.
Nepal Derivative
                            Kathmandu,     Agricultural, Precious Metals, Base
Exchange           [NDEX]
                            Nepal          Metals, Energy
Limited
Mercantile
                            Kathmandu,     Agricultural, Bullion, Base Metals,
Exchange Nepal     MEX
                            Nepal          Energy
Limited
Nepal Spot
                            Kathmandu,
Exchange           NSE                     Agricultural, Bullion
                            Nepal
Limited
Indian
Commodity                                  Energy, Precious Metals, Base Metals,
                   ICEX     India
Exchange                                   Agricultural
Limited
Multi
                                           Precious Metals, Metals, Energy,
Commodity          MCX      India
                                           Agricultural Products
Exchange
National Multi-
Commodity
                   NMCE     India          Precious Metals, Metals, Agricultural
Exchange of
India Ltd
National
Commodity
                   NCEL     Pakistan       Precious Metals, Agriculture
Exchange
Limited
Bhatinda Om &
                   BOOE     India          Agricultural
Oil Exchange
Ltd.
                  Precious
Karachi           Metals,
                  Agricultural
National
Commodity and
                 NCDEX           India          All
Derivatives
Exchange
Shanghai Futures
                                 Shanghai       Industrial metals, Fuel Oil, Rubber
Exchange
Singapore
Commodity        SICOM           Singapore      Agricultural, Rubber
Exchange
                                                Futures & Options contracts in
                                                Precious Metals such as physically-
Singapore                                       delivered Gold, Base Metals,
Mercantile        SMX            Singapore      Agriculture Commodities, Energy such
Exchange                                        as WTI and Brent denominated in
                                                Euro, Currencies such as Euro-US
                                                Dollar Contract, Commodity Indices
Tokyo
                                                Energy, Precious Metals, Industrial
Commodity         TOCOM          Tokyo,Japan
                                                Metals, Agricultural
Exchange
Tokyo Grain
                  TGE            Tokyo,Japan    Agricultural
Exchange
Zhengzhou
                                 Zhengzhou,
Commodity         CZCE                          Agricultural
                                 China
Exchange
Buon Ma Thuot                    Buon Ma
Coffee Exchange   BCEC           Thuot,         Coffee
Center                           Vietnam

Europe

          Exchange         Abbreviation      Location               Product Types
                           APX-         Amsterdam, the
APX-ENDEX                                                       Energy
                           ENDEX        Netherlands
Commodity Exchange                                              Emissions, Agricultural,
                           CEB           Bratislava, Slovakia
Bratislava, JSC                                                 Diamonds
                                         Amsterdam, the
Climex                     CLIMEX                               Emissions
                                         Netherlands
NYSE Liffe                               Europe                 Agricultural
European Climate           ECX           Europe                 Emissions
Exchange
                                                         Electricity, Emission
Energy Exchange Austria EXAA        Vienna, Austria
                                                         Allowances
                                                         Industrial Metals,
London Metal Exchange   LME         London, UK
                                                         Plastics
Risk Management                     Hannover,
                        RMX                              Agricultural
Exchange                            Deutschland
European Energy
                        EEX         Leipzig, Germany     Energy, Emissions
Exchange

Oceania

     Exchange         Abbreviation Location             Product Types
Australian Securities             Sydney,     Agricultural, Electricity, Thermal
                      ASX
Exchange                          Australia   Coal & Natural Gas

								
To top