Commodities exchange in New York trading futures and options on cotton, frozen concentrated orange juice, and potatoes, as well as interest rate, currency, and index futures and options.
A government licensed futures exchange that provides cotton, orange juice, currency, and stock index futures contracts for its members to trade.
Founded in 1870, the state charter restricts trading to cotton, thus associate memberships have been established to trade other items such as orange juice, the U.S. dollar index, 5 year T-Notes, and options on the futures contracts. They are located at 4 World Trade Center, New York, NY 10048. See also New York Futures Exchange.
The New York Cotton Exchange (NYCE®) was founded by cotton brokers and merchants in 1870. It is the oldest futures exchange in New York. (See Also futures contracts, long)
The New York Cotton Exchange (NYCE) was founded in 1870 by a group of one hundred cotton brokers and merchants at One Hanover Square in New York City, New York. The oldest commodities exchange in the city, well into the 20th Century cotton was a leading American commodity for both export and domestic consumption. In that era, other major exchanges existed in the United States such as the Memphis Cotton Exchange, Savannah Cotton Exchange, the New Orleans Cotton Exchange, and the Houston Cotton Exchange plus the important Liverpool Cotton Exchange in Liverpool, England.