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globex

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Financial Dictionary

Globex

An electronic trading platform used for derivative, futures, and commodity contracts. Globex runs continuously, so it is not restricted by borders or time zones.

Investopedia Commentary

Globex was introduced in 1992 by Reuters. The popularity of this platform has declined as exchanges such as the CBOT have moved towards different vehicles for matching and executing trades.

Related Links

Futures Fundamentals
Becoming Fluent in Options on Futures

See also: Blackboard Trading, Board Broker, Chicago Board of Trade, Commodity, Derivative, Futures Contract

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Financial Dictionary

GLOBEX

See Chicago Mercantile Exchange.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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