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Chicago Board of Trade - The Chicago Board of Trade (CBOT) , established in 1848, is the world's oldest futures and options exchange. More than 50 different options and futures contracts are traded by over 3,600 CBOT members through open outcry and eTrading.

Trade name - A trade name, also known as a trading name or a business name, is the name which a business trades under for commercial purposes, although its registered, legal name, used for contracts and other formal situations, may be another.

London Metal Exchange - The London Metal Exchange or LME is the futures exchange with the world's largest market in options and futures contracts on base and other metals. As the LME offers contracts with daily expiry dates up to three months from trade date, along with longer dated contracts, it also allows for cash trading.

Incomplete markets - The Theory of Incomplete Markets is an extension of the general equilibrium approach to intertemporal economies with uncertainty, where the set of available contracts which can be used to transfer wealth across time is limited relative to the possible probabilistic states that an economy might find itself in. Unlike in the standard Arrow-Debreu model where all trade takes place at beginning of time, in an economy with incomplete markets agents trade in sequential spot markets.


Suggested Web Sites

ICC Publishing - Books on international trade and commerce including banking, incoterms, international arbitration, model commercial contracts, business contracts, DC-PRO, DCI, and trade reference.

Contracts for Difference - CFD trading and direct access dealing. Includes reviews of brokers and a weekly commentary.

SPI Trading - Short term mechanical system designed to trade the Australian SPI index futures contract.

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