Board of Trade
Business regulatory body
A Board of Trade is an organization that promotes commercial interests in a region, similar to a chamber of commerce.
Members are typically local businesses that collaborate on economic development and advocacy.
In Britain, the Board of Trade was historically a government department overseeing commerce and industry.
In the U.S., the Chicago Board of Trade became synonymous with commodities trading: Wheat futures are traded on the Board of Trade.
- commerceExchange of goods, services
- exchangeMutual giving and receiving
- stock exchangeSecurities trading marketplace
- commoditiesTradeable raw materials
- commodity pricesCost of traded raw goods
grain · futures · futures contract · merchants · Chicago · wheat · market · stocks · pit · floor · prices · contracts · speculation · brokers · chamber · regulatory · corn · soybeans
- Chicago landmarksWillis Tower, Sears Tower, Bean, Navy Pier, Soldier Field
- trade historycommerce, merchant, colonial economy, merchant ships, Silk Road
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