KCBT meaning in Business ?
Answer: What is Kansas City Board of Trade mean?
The Kansas City Board of Trade (KCBT), was an American commodity futures and options exchange regulated by the Commodity Futures Trading Commission. Specializing in the hard-red winter wheat contract, it was located at 4800 Main Street in Kansas City, Missouri.
On October 17, 2012, CME Group announced it would acquire the exchange for $126 million in cash. Under the terms, the Kansas City trading floor remained open for at least six months. KCBT market participants were to advise CME for at least three years. The trading floor was consolidated with the Chicago operations in June 2013 and ceased operation in Chicago on July 2, 2015.
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