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English definition of “Chicago Board of Trade”

Chicago Board of Trade

noun
 
 
( abbreviation CBOT, abbreviation CBT) FINANCE, STOCK MARKET
the largest exchange in the world that trades in agricultural crops (= grain, etc.) and financial options and futures: The Chicago Board of Trade was established in 1848 to trade in corn, wheat, oats, and soybeans. On the floor of the Chicago Board of Trade, trading in bond futures was very slow
(Definition of Chicago Board of Trade from the Cambridge Business English Dictionary © Cambridge University Press)
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