What is the Chicago Mercantile Exchange?

The Chicago Mercantile Exchange is a key part of America's financial infrastructure. Originally a marketplace for settling agricultural futures, it is now a major trading hub for precious metals, foreign currencies, treasury bonds, cryptocurrencies, and many kinds of derivatives.

What is the New York Mercantile Exchange (NYMEX)?

The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange and is today part of the Chicago Mercantile Exchange Group (CME Group), which is the world’s leading and most diverse derivatives marketplace.

What is mercantilism in economics?

What is mercantilism? What were the effects of mercantilism? mercantilism, economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers.

How many exchanges does CME Group have?

CME Group consists of four exchanges: Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), NYMEX, and the Commodity Exchange, Inc. (COMEX). Each exchange lists a wide range of futures products, commodities, and global benchmarks across major asset classes.