Growers see human side of NYBOT

Robinson, Elton
August 2004
Southeast Farm Press;8/18/2004, Vol. 31 Issue 20, p16
Trade Publication
This article focuses on cotton price discovery and the role of the New York Board of Trade (NYBOT), with specific reference to an event termed as the Cotton Forum, held at NYBOT's facilities in the New York Mercantile Exchange Building, in lower Manhattan. There is no tomorrow in the workday of a floor trader at NYBOT- only now,and the rise and fall of adrenaline. Price discovery in the cotton pit at NYBOT is not for the faint hearted. This is what visitors from the cotton industry saw on July 16 in the trading pit and in a simulated trading session with floor traders the day before. The event was the Cotton Forum, held in lower Manhattan.


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