CME stands for Chicago Board of Trade. Chicago Mercantile Exchange is a wholly-owned subsidiary of Chicago Mercantile Exchange Holding Company, which is a constituent company of Russell 1000(R) Index. CME was established in 1874. Its predecessor was the Agricultural Products Exchange, which was founded by a group of agricultural products dealers. At that time, the main commodities listed on the exchange were butter, eggs, poultry and other agricultural products that could not be stored.

There are 2,724 members of the Chicago Mercantile Exchange, including 625 members of the Chicago Mercantile Exchange, 8 12 members of the international money market, 287 members of the index and options market, and 867 exchange staff (non-exchange members). The highest management body of the exchange is the board of directors, which consists of 25 directors and consists of several special committees.

CBOT Chicago Board of Trade, founded in 1848, is a leading futures and options exchange. More than 3,600 CBOT members buy and sell 50 different futures and options products through the open outcry and electronic trading system of the Exchange. In 2003, the turnover of this exchange reached a record 454 million contracts.

In the early days of the exchange, CME only traded agricultural products, such as corn, wheat, oats and soybeans. After years of development and evolution, the futures contracts of the exchange now include non-fresh agricultural products and non-agricultural products, such as gold and silver. The first financial futures contract of CBOT was launched in June 1975 and June 10. The contract is based on the mortgage-backed securities futures contract of the government's National Mortgage Association. With the introduction of the first financial futures contract, futures trading is gradually introduced into various financial instruments, including US Treasury bonds, stock indexes and interest rate swaps.