Chicago Mercantile Exchange


 

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Chicago Mercantile Exchange

The Chicago Mercantile Exchange (or Merc) was called the Chicago Butter and Egg Board until 1919 and is one of the world's largest futures exchanges. Overall the Chicago Board of Trade is probably bigger in number of contracts traded per year, but the Merc is bigger when it comes to agricultural futures and 'open interest' contracts.



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New York Mercantile Exchange

New York Mercantile Exchange

Following the merger with the Commodity Exchange (COMEX) in 1994, the exchange operates two divisions that is, NYMEX which deals in futures and options on a number of products including crude oil, heating oil and platinum and COMEX which deals in futures and options on copper, gold and silver.




 
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