What is another word for commodity exchange?
Pronunciation: [kəmˈɒdɪti ɛkst͡ʃˈe͡ɪnd͡ʒ] (IPA) 
Commodity exchange refers to the trading of commodities such as metals, agricultural products, and energy. Synonyms for commodity exchange include goods exchange, merchandise exchange, trade center, and commodity market. The exchange involves the buying and selling of commodity futures contracts or options. The goal of commodity exchange is to provide a platform for producers and consumers to hedge against price fluctuations. By utilizing the exchange, producers can lock-in a price for their future production, while consumers can secure a price for their future consumption. The rise of online trading platforms also opened up the possibility for high-frequency trading, algorithmic trading, and increased transparency within commodity exchange markets.
