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Back to Commodity Exchanges
AmericasKCBTAgricultural (Hard Red Winter Wheat)

Kansas City Board of Trade

Kansas City, United States

Abbreviation

KCBT

Location

Kansas City, United States

Region

Americas

Group

CME Group

Product Types

Agricultural (Hard Red Winter Wheat)

About Kansas City Board of Trade

The Kansas City Board of Trade (KCBT) was a commodities futures exchange established in Kansas City, Missouri in 1856. It served as the world's primary marketplace for Hard Red Winter Wheat futures and options, a critical benchmark for the global wheat market. CME Group acquired the KCBT in 2012, integrating its flagship wheat contracts into the CME Globex electronic trading platform.

More Exchanges in Americas

LedgerX

LX · New York, United States

LedgerX was the first CFTC-regulated bitcoin derivatives exchange in the United States, offering bitcoin options and futures contracts to institutional and retail participants. Founded in 2013 and launching trading in 2017, LedgerX pioneered regulated crypto derivatives clearing. In 2021, it was acquired by FTX and rebranded as FTX US Derivatives. Following the catastrophic collapse of the FTX exchange group in November 2022, FTX US Derivatives ceased operations.

Chicago Mercantile Exchange

CME · Chicago, United States

The Chicago Mercantile Exchange (CME) is one of the world's most influential financial exchanges, founded in 1898 as the Chicago Butter and Egg Board and renamed CME in 1919. Headquartered in Chicago and part of CME Group, CME offers futures and options across meats, currencies, Eurodollar interest rates, equity index products, and a range of financial instruments, providing global risk management solutions to participants in over 150 countries.

Nodal Exchange

Nodal · McLean, Virginia, United States

Nodal Exchange is the world's largest power futures exchange by number of listed contracts, offering US electricity futures for over 1,000 delivery points across all major North American power grids. Founded in 2009 and headquartered in McLean, Virginia, Nodal also offers natural gas and environmental credit contracts. Acquired by EEX Group (a subsidiary of Deutsche Börse) in 2021, Nodal provides critical risk management tools for electricity generators, utilities, and energy traders across the US National Electricity Markets.

Minneapolis Grain Exchange

MGEX · Minneapolis, United States

The Minneapolis Grain Exchange (MGEX), founded in 1881, is the United States' primary futures market for Hard Red Spring Wheat (HRSWW) — the high-protein wheat used in premium breads and noodles. MGEX also provides agricultural cash commodity trading and clearing services. Acquired by Miami International Holdings (MIAX) in 2020, MGEX continues to serve as an essential price-discovery and risk management platform for Spring Wheat, a crop critical to North American and global food production.

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