Us coffee nybot
NYBOT originated as the New York Cotton Exchange (NYCE). NYBOT was renamed the ICE Futures U.S. in September 2007, and it is a wholly owned subsidiary of the Intercontinental Exchange (ICE). The floor of the NYBOT is regulated by the U.S. Commodity Futures Trading Commission (CFTC), a market watchdog agency. After starting in over-the-counter energy, ICE Futures bought the New York Board of Trade (NYBOT) as a way to get into the US futures markets. The NYBOT lists contracts on sugar, coffee, cocoa, cotton, and frozen concentrated orange juice. ICE has many other interests outside the US. The two exchanges are similar, although NYMEX trades energy and metals while NYBOT trades commodities such as cocoa, coffee, sugar and orange juice. The Mercantile Exchange vacated more than 13,000 square feet of space on its trading floor for NYBOT to install miles of cable, data centers and trading kiosks.