View source for New York Board of Trade

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{{Infobox_Company
| company_name = New York Board of Trade
| company_logo = |
| key_people = See [[Intercontinental Exchange Inc.]]
| foundation = 1870, acquired by ICE in 2007
| location = New York City
| products = 
| homepage= [http://www.theice.com www.theice.com]}}

The New York Board of Trade, founded in 1870 as the New York Cotton Exchange, became a wholly owned subsidiary of [[Intercontinental Exchange]] (ICE) on January 12, 2007, making it part of a [[publicly traded]] corporation for the first time in its history. ICE bought the exchange for approximately $1 billion.<ref>{{cite web|url=http://www.investmentnews.com/article/20070115/REG/70115001/ice-buys-nybot|name=ICE buys NYBOT|org=Investment News|date=September 2, 2014}}</ref>  On September 3, 2007, NYBOT was renamed [[ICE Futures U.S.]] The primary [[futures contract|futures]] and [[options]] contracts traded on ICE Futures U.S. are [[cocoa]], [[coffee]], [[cotton]], [[orange juice]] and [[sugar]].  

Also in January 2007, the exchange began offering electronic trading of its benchmark products trading side-by-side with its [[open outcry]] markets.

NYBOT introduced [[Robusta Coffee Futures Options Contracts]], Robusta Grade on September 28, 2007, on its [[electronic trading platform]].<ref>{{cite web|name="NYBOT to Introduce New Robusta Futures and Options Contracts”|url=https://www.theice.com/showpr.jhtml?id=7344|org=NYBOT|date=August 30, 2007}}</ref>

== History ==
NYBOT took over the Coffee, Sugar and Cocoa Exchange in 1998 and began trading those products in addition to cotton. 

The actual NYBOT exchange floor was featured in the 1983 movie ''Trading Places'', in which two rich businessmen scheme to corner the market in frozen concentrated orange juice futures.<ref>{{cite web|url=http://www.ft.com/intl/cms/s/0/308212ce-d74d-11e1-a378-00144feabdc0.html#axzz3CBllrsGX|name=ICE to close New York trading floor|org=The Financial Times|date=September 2, 2014}}</ref> 


== References ==
<references />

[[Category:Acquired Companies]]
[[Category:InterContinentalExchange]]