Spot commodityA commodity that is traded with the expectation of actual delivery, as opposed to a commodity future that is usually not delivered.
Commodity futures contractCommodity futures contract
An agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production.
London Commodity Exchange (LCE)London Commodity Exchange (LCE)
Merged with the London International Financial Futures and Options Exchange in 1996.
A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts.
Commodity (commodities)Commodity (commodities)
Basic raw materials and foodstuffs such as metals, petroleum, coffee, grain etc.Commodities are traded on a commodity exchange both by the companies that use them (e.g. chocolate manufacturers) and by speculators. Futures contracts allow commodity producers and commodity users to bring some predictability and stability to pricing. By buying futures contracts, they can hedge against underlying price changes in the commodity.In the USA the main ones are the Chicago Board of Trade, Chicago Mercantile Exchange, Kansas City Board of Trade and Mid America Commodity Exchange.In the UK, commodities are traded on the London Metal Exchange, the International Petroleum Exchange and The London International Financial Futures and Options Exchange which incorporates the London Commodity Exchange.
Malaysia Commodity ExchangeMalaysia Commodity Exchange
A subsidiary of the KLSE that trades interest rate futures on the three-month Kuala Lumpur Interbank offered rate.
Further SuggestionsCommodity Trading Advisor
London Commodity Exchange
The Harmonized Commodity Description and Coding System
Commodity pattern of trade
Commodity Credit Corporation
Commodity Research Bureau
Export Commodity Control List
Commodity Futures Trading Commission
Commodity backed bond
Commodity Futures Trading Commission (CFTC)
Commodity Trading Advisor
Tokyo Commodity Exchange (TOCOM)