Chapter 21 Internet Resources

• http://www.cbot.com—Website of Chicago Board of Trade (CBOT), the oldest major futures exchange, which lists futures contracts for both commodities (corn, wheat, soybeans, gold) and financial instruments (2-, 5-, 10-, and 30-year Treasury bonds, Eurodollars); The CBOT and its Chicago rival, the Chicago Mercantile Exchange (http://www.cme.com) have retained face-to-face, open-outcry trading in futures "pits," whereas most international futures exchanges are purely electronic markets.
  
  
• http://www.liffe.com—Website of the London International Financial Futures and Options Exchange (LIFFE), until recently the leading international futures market; remains an important market for trading global interest rate, equity, swap, and commodity contracts; acquired by Euronext during 2002, and now officially called Euronext-LIFFE.
  
  
• http://www.eurexchange.com—Website of the Eurex futures exchange, which began in December 1996 as a joint venture between the Swiss Exchange and the Deutsche Börse, and within an amazingly short period of time emerged as the leading international futures market; among its more successful products are the German government Bund contract and options on several European stock indexes; Eurex has established a reputation as the world's most technologically advanced futures market.
  
  
  
• Questions 21-17 and 21-18 and Problem 21-11 Go to the CBOT website at http://www.cbot.com.