New York Cocoa Exchange

New York Cocoa Exchange
LocationNew York, USA
Founded1925
CommoditiesCocoa

The New York Cocoa Exchange was a commodities exchange in New York City where futures contracts on cocoa were bought and sold.[1] The exchange was located at 82 Beaver Street in Manhattan for most of its existence.[2]

On September 28, 1979, the New York Coffee and Sugar Exchange merged with the New York Cocoa Exchange and the New York Coffee and Sugar Exchange merged to become the Coffee, Sugar and Cocoa Exchange.[3] That exchange later merged with the New York Board of Trade, in turn acquired by IntercontinentalExchange, which operates its American futures operations as ICE Futures U.S.

IntercontinentalExchange states that the ICE Futures U.S. Cocoa contract "is the benchmark for world cocoa prices."[4]

References

  1. ^ Canalizo, Eugene A. (May 1931). "New York Cocoa Exchange". Annals of the American Academy of Political and Social Science. 155. Sage Publications, Inc.: 140–145. doi:10.1177/000271623115500117. JSTOR 1018015.
  2. ^ "Cocoa Exchange renews its lease". The New York Times. January 22, 1964. Retrieved July 10, 2014.
  3. ^ "Coffee, Sugar and Cocoa merger official," Tea & Coffee Trade Journal, 151(11):43
  4. ^ "Cocoa" (PDF). ICE Futures U.S. Retrieved July 10, 2014.
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