New York Board of Trade (NYBOT)

Search Dictionary

Definition of 'New York Board of Trade (NYBOT)'

The New York Board of Trade (NYBOT) is a commodity exchange that was founded in 1870. It is one of the oldest and largest commodity exchanges in the world, and it is known for its trading in sugar, coffee, cocoa, and cotton. The NYBOT is also a major player in the energy markets, and it trades in a variety of energy products, including crude oil, natural gas, and electricity.

The NYBOT is a self-regulatory organization (SRO), which means that it is responsible for regulating its own members. The NYBOT has a number of rules and regulations that govern its members' activities, and it also has a dispute resolution process that can be used to resolve disputes between members.

The NYBOT is a member of the CME Group, which is a global financial services company that owns and operates several commodity exchanges. The CME Group is one of the largest financial companies in the world, and it has a market capitalization of over $500 billion.

The NYBOT is a major player in the global commodity markets, and it plays an important role in the pricing of a variety of commodities. The NYBOT is also a major source of liquidity for the commodity markets, and it helps to ensure that there is a fair and orderly market for commodities.

The NYBOT is a valuable asset to the global financial system, and it plays an important role in the efficient functioning of the commodity markets. The NYBOT is a well-regulated exchange, and it has a strong track record of providing a fair and orderly market for commodities.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.