Commodities Exchange
/ˌkɒməˈdɪtiz ɪksˈtʃeɪndʒ/
Definitions
- (n.) A regulated marketplace where raw or primary products (commodities) such as agricultural goods, metals, or energy are bought, sold, or traded, often through futures contracts.
The commodities exchange set the prices for crude oil futures.
Forms
- commodities exchanges
Related terms
Commentary
The term typically denotes a formal, regulated market distinct from informal trading venues, emphasizing its role in price discovery and risk management.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.