Investor Glossary-mercInvestor Glossary-mercInvestor Glossary-mercInvestor Glossary-mercInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Merc

The HTML to link to this page
 

The Merc commonly refers to Chicago Mercantile Exchange (CME). The Merc facilitates trading and exchange of tangible commodities futures, financial futures, and foreign currency futures. The Merc also enables the trading of futures on options and other flux hedging financial instruments. A non-profit organization, the Merc was founded in Chicago in eighteen ninety eight. At the time of its inception the Merc was called the Butter and Egg Board. In later years the Merc became the first publicly traded financial exchange in the United States. Today the Chicago based Merc is one of the largest futures exchanges in the world. In its size, scope, and capacity the Merc is second only to the New York Mercantile Exchange (NYMEX), which is considered the world's largest physical commodity futures trading ground.



Rate this Merc definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: diluted share, real GDP, ex-dividend, FICO score, option premium, Zero Cost Collar, wholly-owned subsidiary, required rate of return, FTSE, LIBOR, labor relations, 144a, EBITDA, irrevocable trust, balance sheet, risk management, 401a, 1035 exchange, annual return, retained earnings, debt service coverage, 1031 exchange, Key Rate Duration, dividends payable, implied volatility, class C shares, quality assurance, in escrow, deferred revenue, minority interest, ex-dividend date, reverse mortgage, per diem, APR, liquidity ratio, current ratio, margin rate, cancelled check, open position, stock market close, VIX, inflation, stock split, command economy, limit order, phantom income, covered put, average price per share, deferred tax


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use