Related Words

Chicago Board Options Exchange (CBOE): The largest futures exchange in the U.S., and was a pioneer in the development of financial futures and options.

Exchange: The process of trading intervals, credits or points at one resort for those at another resort, or in another unit at a home resort. This can allow owners to travel and vacation at various lo . . . View Full Definition

National Cheese Exchange (NCE): A now defunct private non-profit corporation that operated in Green Bay, Wisconsin. Every Friday morning for one-half hour, members of the NCE met to buy or sell cheddar cheese in 40-pound b . . . View Full Definition

National Market Advisory Board: Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges.

National Organic Standards Board: A board established by Title 21 of the FACT Act of 1990 to develop national standards for practices and substances to be used in implementing a National Organic Program. Producers meeting th . . . View Full Definition

New York Cotton Exchange (NYCE): 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.

National Stock Exchange (NSE): Second-largest stock exchange based in India.

National Agricultural Research Extension Education And Economics Advisory Board: A 30-member board established by the FAIR Act of 1996 to replace three previous advisory committees. The Board advises USDA on national priorities and policies related to agricultural resear . . . View Full Definition

Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia.

Membership Or A Seat On The Exchange: A limited number of exchange positions that enable the holder to trade for the holder's own accounts and charge clients for the execution of trades for their accounts. Related: Member firm.