The world's oldest futures and options exchange, the Chicago Board of Trade (CBOT) was formed in 1848 as a centralized marketplace for the grain trade. Over the years, its product line has expanded to include numerous contracts on agricultural commodities and financial instruments.
CME Group Inc. is a prominent global markets company, composed of four principal exchanges— the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX)—enabling investors and traders to hedge and tap into risk management assets and strategies.
The OEX, pronounced as three letters, is Wall Street shorthand for the Standard & Poor's 100 stock index, composed of stocks for which options are traded on the Chicago Board Options Exchange (CBOE).
