DEFINITION of 'Globex'

An electronic trading platform used for derivative, futures, and commodity contracts. Globex runs continuously, so it is not restricted by borders or time zones.


Globex was introduced in 1992 by Reuters. The popularity of this platform has declined as exchanges such as the CBOT have moved towards different vehicles for matching and executing trades.

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    A member or member nominee of a commodity exchange who is entrusted ...
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    A contractual agreement, generally made on the trading floor ...
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