What is the full name of CBT, the trading exchange mentioned?

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The full name of CBT is the Chicago Board of Trade. This trading exchange plays a significant role in the futures and options markets, particularly for agricultural commodities, interest rates, and stock indices. Founded in 1848, the Chicago Board of Trade allowed traders to buy and sell contracts that would settle at a future date, thus helping to manage price risk for producers and consumers alike.

In the context of personal financial management, understanding the significance of recognized trading exchanges like the Chicago Board of Trade is crucial for grasping how commodities and futures markets function. This knowledge is essential for investors who may engage in trading or want to diversify their portfolios.

The other options do not represent established exchanges or trading institutions. For example, "Chicago Business Trading" and "Chicago Bonds Trading" do not refer to any known trading exchange, while "Chicago Bank Trading" lacks the historical and functional aspects associated with the Chicago Board of Trade.

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