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The Chicago Board of Trade Building is a 44-story, 604-foot (184 m) Art Deco skyscraper located in the Chicago Loop, standing at the foot of the LaSalle Street canyon. Built in 1930 for the Chicago Board of Trade (CBOT), it has served as the primary trading venue of the CBOT and later the CME Group, formed in 2007 by the merger of the CBOT and the Chicago Mercantile Exchange.
Old Chicago Stock Exchange Building, ca. 1894. The Chicago Stock Exchange was founded in a formal meeting on March 21, 1882. At this time, Charles Henrotin was elected the chairman and president. In April that year, a lease was taken out at 115 Dearborn Street for the location of the exchange and during that year 750 memberships were sold. [3]
On October 17, 2006, the Chicago Mercantile Exchange announced the purchase of the Chicago Board of Trade for $8 billion in stock, joining the two financial institutions as CME Group, Inc. On July 9, 2007, the announced merger with the Chicago Mercantile Exchange was approved by CBOT shareholders, "creating the largest derivatives market ever." [8]
The New York Stock Exchange opens every workday morning at 9:30 am ET with the fast-paced bang-clang of a gleaming brass bell. The stock exchange, the largest in the world by market capitalization ...
NYSE Chicago, formerly known as the Chicago Stock Exchange (CHX), is an equities-only stock exchange. Originally founded in the 19th century, it was acquired by the parent corporation of the New ...
The Chicago Stock Exchange Arch is a piece of historical architecture located in Chicago, Illinois, United States. Installed outside of the Art Institute of Chicago , it is one of the few surviving large-scale fragments from the Chicago Stock Exchange building designed in 1893.
The neo-gothic Union Stock Yard Gate (1877) on Exchange Avenue was designated a Chicago Landmark on February 24, 1972, [7] and a National Historic Landmark on May 29, 1981, and is the only remnant of the old stockyards, which largely became business and industrial parks after the closure. [8] [9]
The Chicago Mercantile Exchange (CME), was founded in 1898 as a nonprofit corporation. [2] In 1919, it established its clearing house. [2] In 2000, CME demutualized (became a joint stock company). [2] In 2002, CME Group, the parent company of CME, became a public company via an initial public offering. [2]