In the early days of the exchange, CBOT 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. 1865 forward contract was replaced by standard futures contract, and the deposit system was implemented. In addition to providing futures trading of corn, soybeans, wheat and other agricultural products, the Chicago Board of Trade also provides futures trading markets for medium and long-term US Treasury bonds, stock indexes, municipal bond indexes, gold and silver, and provides options trading of agricultural products, finance and metals. The futures prices of corn, soybean, wheat and other varieties on the Chicago Board of Trade have not only become important reference prices for agricultural production and processing in the United States, but also become authoritative prices in international agricultural trade.
With the introduction of the first financial futures contract, futures trading has been gradually introduced into a variety of different financial instruments, including US long-term treasury bonds, stock indexes and expected annualized interest rate swaps. 1982 introduced another financial innovation-futures option.
CBOT trading schedule
CBOT trade contract rules