The Chicago Butter and Egg Board was founded in 1898 and evolved into the Chicago Mercantile Exchange (now CME) in 1919. Initially, its members traded futures contracts on agricultural commodities via open outcry. This system of trading – which is still in use today – essentially involves hundreds of auctions going on at the same time. - Read more

The Chicago Board of Trade is a global commodity futures exchange trading treasury bonds, corn, soybean, wheat, mini-sized Dow, gold, silver and more.