New York Cocoa Exchange
   HOME

TheInfoList



OR:

The New York Cocoa Exchange was a commodities exchange in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
where
futures contracts In finance, a futures contract (sometimes called a futures) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The asset ...
on
cocoa Cocoa may refer to: Chocolate * Chocolate * ''Theobroma cacao'', the cocoa tree * Cocoa bean, seed of ''Theobroma cacao'' * Chocolate liquor, or cocoa liquor, pure, liquid chocolate extracted from the cocoa bean, including both cocoa butter and ...
were bought and sold. The exchange was located at 82 Beaver Street in Manhattan for most of its existence. On September 28, 1979, the New York Coffee and Sugar Exchange merged with the New York Cocoa Exchange and the New York Coffee and Sugar Exchange merged to become the
Coffee, Sugar and Cocoa Exchange The Coffee, Sugar and Cocoa Exchange (CSCE) was founded in 1882 as the Coffee Exchange in the City of New York. Sugar futures were added in 1914, and, on September 28, 1979, the New York Coffee and Sugar Exchange merged with the New York Cocoa Exc ...
. That exchange later merged with the
New York Board of Trade The New York Board of Trade (NYBOT, renamed ICE Futures US in September, 2007), is a physical commodity futures exchange located in New York City. It is a wholly owned subsidiary of Intercontinental Exchange (ICE). History It originated in 1 ...
, in turn acquired by
IntercontinentalExchange Intercontinental Exchange, Inc. (ICE) is an American company formed in 2000 that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services. Listed on the Fortune 500, S&P 500, and Russel ...
, which operates its American futures operations as ICE Futures U.S. IntercontinentalExchange states that the ICE Futures U.S. Cocoa contract "is the benchmark for world cocoa prices."


References


External links

{{DEFAULTSORT:New York Cocoa Exchange Financial services companies established in 1925 Financial services companies disestablished in 1979 Commodity exchanges in the United States Companies based in Manhattan 1925 establishments in New York City 1979 disestablishments in New York (state) American companies disestablished in 1979