Commodities Traded On The Exchange
One of the most innovative concepts pioneered at the exchange is the ability given to seat holders to trade seats that they do not actually own. Seatholders may sell short seats they do not have title to as well as purchase seats they have intention of holding as an investment.
- Cocoa
- Coffee
- Cotton
- Orange juice (frozen concentrate)
- Wood pulp
- Sugar (domestic)
- Sugar (world)
Read more about this topic: New York Board Of Trade
Famous quotes containing the words commodities, traded and/or exchange:
“Every wise, just, and mild government, by rendering the condition of its subjects easy and secure, will always abound most in people, as well as in commodities and riches.”
—David Hume (1711–1776)
“When we traded the buffalo for a mare,
we had no milk to drink,
and we still had droppings to clean up.”
—Punjabi proverb, trans. by Gurinder Singh Mann.
“I can exchange opinion with any neighbouring mind,
I have as healthy flesh and blood as any rhymer’s had,
But O! my Heart could bear no more when the upland caught the wind;
I ran, I ran, from my love’s side because my Heart went mad.”
—William Butler Yeats (1865–1939)