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Chicago's exchanges began by trading futures on commodities, such as wheat and pork bellies.
For years it has been possible to trade futures on commodities, and futures based on the composite index of the Stock Exchange have been sold for nearly a year in an adjacent pit at NYFE.
To diffuse this risk Partridge assembles a broad mix that includes foreign and domestic stock indexes, credit-default swaps and futures on commodities like crude oil, cattle, hogs and corn.
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You can buy individual futures contracts on commodities as different as gold and pork bellies.
The number of futures contracts on commodities exchanges has quadrupled since 2001.
Jumps in the futures prices on commodities markets can take months to trickle down to the real world, and if the commodities surge subsides, then the price of eggs in local markets may not budge.
Over the past couple of years India's government has banned futures trading on commodities that include rice, wheat and lentils to rein in prices and stop what it sees as dangerous speculation.
For instance, the directive may adopt a proposal – popular in France – to limit the size of positions that traders can take when buying and selling futures contracts on commodities in an attempt to restrict the impact on prices of items as diverse as wheat, coffee or gold.
He's manipulated the price of soy futures on the commodities exchange (Soy is number one animal feed in the world).
Today, there are 23 exchanges in India listing futures on physical commodities, including the three national exchanges.
Or you could pick and choose futures on individual commodities.
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