245:
136:
405:
25:
391:
293:
announced it would acquire the exchange for $ 126 million in cash. Under the terms, the Kansas City trading floor remained open for at least six months. KCBT market participants were to advise CME for at least three years. The trading floor was consolidated with the
Chicago operations in June 2013
378:
Tours were conducted by marketing staff most trading-day mornings. The tours consisted of two parts: visitors would watch a short documentary about commodities futures and hard red winter wheat, then would be taken to the viewing gallery that overlooked the trading floor, where a marketing staff
343:
from these. The hard red winter wheat contract now trades on the
Chicago Board of Trade Designated Contract Market (DCM). Because of its nutritional value, the hard red winter wheat usually trades at a premium to the
541:
536:
489:
586:
571:
546:
551:
339:
The primary products traded at the exchange were futures contracts on hard red winter wheat, the principal ingredient of bread, as well as options
89:
42:
581:
576:
366:. Options on Value Line futures were introduced in 1992. As of December 12, 2004, the Value Line futures began trade solely through an
61:
556:
327:
In 1925, the exchange moved to 10th and
Wyandotte Streets and in 1966, it moved to its last location at 48th and Main Streets on the
596:
449:
68:
471:
348:'s soft red winter wheat. The exchange facilitated the transfer of ownership of the futures and options contracts through the
75:
271:
302:
The exchange was organized in 1856, shortly after Kansas City itself was incorporated in 1853, and served as the city's
57:
108:
46:
379:
member would explain the trading process, prices on the board, and the importance of the commodities market.
396:
367:
267:
158:
82:
566:
561:
428:
423:
356:
220:
418:
35:
345:
279:
410:
340:
199:
8:
303:
591:
360:
328:
317:
244:
135:
363:
264:
260:
155:
151:
307:
321:
530:
169:
275:
210:
349:
306:. It was formally chartered in 1876; among the exchange's founders was
472:"CME Group wraps up $ 126M acquisition of Kansas City Board of Trade"
290:
257:
189:
148:
24:
283:
431:, traded on the futures market at the Kansas City Board of Trade
450:"Kansas City Board of Trade agrees to $ 126M sale to CME Group"
390:
313:
It was originally located at 8th and
Wyandotte Streets.
519:
231:
248:
Kansas City Board of Trade, on West 48th Street (2008)
386:
49:. Unsourced material may be challenged and removed.
352:system, then later through the electronic market.
359:futures, making it the first exchange offering a
294:and ceased operation in Chicago on July 2, 2015.
542:Financial services companies established in 1876
537:Financial services companies established in 1856
528:
490:"CME to close Kansas City trading floor in June"
370:. Value line futures have since been de-listed.
316:Its building was designed by Chicago architects
278:contract, it was located at 4800 Main Street in
587:Tourist attractions in Kansas City, Missouri
572:Organizations based in Kansas City, Missouri
134:
547:Chambers of commerce in the United States
469:
109:Learn how and when to remove this message
552:Commodity exchanges in the United States
243:
529:
470:Dornbrook, James (3 December 2012).
465:
463:
272:Commodity Futures Trading Commission
47:adding citations to reliable sources
18:
13:
14:
608:
582:Organizations established in 1876
577:Organizations established in 1856
511:
460:
355:In 1982, the exchange introduced
557:Economy of Kansas City, Missouri
403:
389:
23:
16:Former American futures exchange
597:1856 establishments in Missouri
274:. Specializing in the hard-red
179:1856 (as a chamber of commerce)
34:needs additional citations for
482:
442:
1:
435:
397:Business and economics portal
334:
476:Kansas City Business Journal
454:Kansas City Business Journal
58:"Kansas City Board of Trade"
7:
382:
368:electronic trading platform
10:
613:
429:Value Line Composite Index
424:List of traded commodities
297:
254:Kansas City Board of Trade
221:Value Line Composite Index
122:Kansas City Board of Trade
419:List of futures exchanges
320:, represented locally by
226:
216:
205:
195:
185:
175:
164:
144:
133:
126:
373:
256:(KCBT), was an American
168:Kansas City, Missouri,
346:Chicago Board of Trade
249:
139:
289:On October 17, 2012,
247:
181:1876 (formal charter)
138:
411:United States portal
43:improve this article
304:chamber of commerce
123:
456:. 17 October 2012.
329:Country Club Plaza
318:Burnham & Root
250:
140:
121:
567:Options (finance)
562:Futures exchanges
496:. 4 February 2013
270:regulated by the
242:
241:
119:
118:
111:
93:
604:
523:
522:
520:Official website
505:
504:
502:
501:
486:
480:
479:
467:
458:
457:
446:
413:
408:
407:
406:
399:
394:
393:
364:futures contract
238:
235:
233:
129:
124:
120:
114:
107:
103:
100:
94:
92:
51:
27:
19:
612:
611:
607:
606:
605:
603:
602:
601:
527:
526:
518:
517:
514:
509:
508:
499:
497:
494:Chicago Tribune
488:
487:
483:
468:
461:
448:
447:
443:
438:
409:
404:
402:
395:
388:
385:
376:
337:
308:Edward H. Allen
300:
230:
180:
127:
115:
104:
98:
95:
52:
50:
40:
28:
17:
12:
11:
5:
610:
600:
599:
594:
589:
584:
579:
574:
569:
564:
559:
554:
549:
544:
539:
525:
524:
513:
512:External links
510:
507:
506:
481:
459:
440:
439:
437:
434:
433:
432:
426:
421:
415:
414:
400:
384:
381:
375:
372:
336:
333:
322:Walter C. Root
299:
296:
240:
239:
228:
224:
223:
218:
214:
213:
207:
203:
202:
197:
193:
192:
187:
183:
182:
177:
173:
172:
166:
162:
161:
146:
142:
141:
131:
130:
117:
116:
31:
29:
22:
15:
9:
6:
4:
3:
2:
609:
598:
595:
593:
590:
588:
585:
583:
580:
578:
575:
573:
570:
568:
565:
563:
560:
558:
555:
553:
550:
548:
545:
543:
540:
538:
535:
534:
532:
521:
516:
515:
495:
491:
485:
477:
473:
466:
464:
455:
451:
445:
441:
430:
427:
425:
422:
420:
417:
416:
412:
401:
398:
392:
387:
380:
371:
369:
365:
362:
358:
353:
351:
347:
342:
332:
330:
325:
323:
319:
314:
311:
309:
305:
295:
292:
287:
285:
281:
277:
273:
269:
266:
262:
259:
255:
246:
237:
229:
225:
222:
219:
215:
212:
208:
204:
201:
198:
194:
191:
188:
184:
178:
174:
171:
170:United States
167:
163:
160:
157:
153:
150:
147:
143:
137:
132:
125:
113:
110:
102:
91:
88:
84:
81:
77:
74:
70:
67:
63:
60: –
59:
55:
54:Find sources:
48:
44:
38:
37:
32:This article
30:
26:
21:
20:
498:. Retrieved
493:
484:
475:
453:
444:
377:
354:
338:
326:
315:
312:
301:
288:
276:winter wheat
253:
251:
211:winter wheat
105:
96:
86:
79:
72:
65:
53:
41:Please help
36:verification
33:
361:stock index
350:open outcry
280:Kansas City
206:Commodities
99:August 2013
531:Categories
500:2020-06-03
436:References
357:Value Line
335:Operations
69:newspapers
592:CME Group
291:CME Group
258:commodity
209:Hard-red
190:CME Group
149:Commodity
383:See also
284:Missouri
268:exchange
196:Currency
165:Location
159:exchange
341:derived
298:History
265:options
261:futures
227:Website
217:Indices
176:Founded
156:options
152:futures
83:scholar
85:
78:
71:
64:
56:
374:Tours
234:.kcbt
186:Owner
90:JSTOR
76:books
263:and
252:The
236:.com
154:and
145:Type
128:KCBT
62:news
232:www
200:USD
45:by
533::
492:.
474:.
462:^
452:.
331:.
324:.
310:.
286:.
282:,
503:.
478:.
112:)
106:(
101:)
97:(
87:·
80:·
73:·
66:·
39:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.