Blackboard Trading
The trading of commodities and futures contracts off a blackboard found on the wall of a commodity exchange. Investopedia Says:
Not all commodity- and futures-contract transactions occur electronically. On some smaller exchanges or on certain contracts where the volume of trade is relatively small, blackboard trading is a cheaper and logical alternative to electronic trading. Related Terms:
Board Broker
Chicago Board of Trade - CBOT
Commodities
Exchange
Futures Contract
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