Minneapolis Grain Exchange
The Minneapolis Grain Exchange (MGEX) was formed in 1881 as a cash market for
grains. The exchange launched its first
futures contract, hard red spring wheat two years later. Today, it is a
nonprofit member organization, trading futures and
options on hard red spring wheat, white wheat,
durum wheat,
cottonseed, and
Twin Cities on- and off-peak electricity. The MGEX is the world's largest cash market for grains, trading 1 million bushels per day. In January 2002,
white shrimp and
black tiger shrimp futures were delisted. In an agreement with Data Transmission Network (DTN), a
business-to-business electronic commerce and information services company in
Omaha, Nebraska, MGEX has exclusive rights to DTNs agriculture and weather data bases, which the exchange uses to develop
index products. In February 2002, MGEX launched
corn and
soybean futures and options that are cash-settled against the National Corn Index and the National Soybean Index, two benchmarks calculated by DTN. The two contracts trade electronically on MGEXpress, the exchanges electronic trading platform. Trading on MGEX is conducted Monday through Friday from 9:30 a.m. to 1:20 p.m.
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Minneapolis Grain Exchange (MGE)
O maior mercado à vista de cereais organizado do mundo, fundada em 1881, tem contratos de futuros em trigo, xarope de milho rico em frutose e aveia, bem como opções dos contratos de futuros de trigo. A MGE está sediada em 400 S. 4th St., Minneapolis, MN 55415.
Minneapolis Grain Exchange (MGE)
The largest organized cash grain market in the world, founded in 1881, has futures contracts in wheat, high fructose corn syrup, and oats, as well as options on their wheat futures contract. The MGE is located at 400 S. 4th St., Minneapolis, MN 55415.
Minneapolis Grain Exchange (MGE)
Der grösste festeingerichtete Kassamarkt für Getreide auf der Welt wurde 1881 gegründet. An ihm werden Terminkontrakte für Weizen-Futures gehandelt. Die MGE befindet sich: 400 S. 4th Street, Minneapolis, MN 55415.
Minneapolis Grain Exchange, MGM