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 cannot say what poetry is; I know that our sufferings and our concentrated joy, our states of plunging far and dark and turning to come back to the world—so that the moment of intense turning seems still and universal—all are here, in a music like the music of our time, like the hero and like the anonymous forgotten; and there is an exchange here in which our lives are met, and created.”
—Muriel Rukeyser (1913–1980)