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New York Cotton Exchange
The New York Cotton Exchange (NYCE) is a commodities exchange founded in 1870 by a group of one hundred cotton brokers and merchants in New York City. In 1998, the New York Board of Trade (NYBOT) became the parent company of the New York Cotton Exchange, and it is now owned by IntercontinentalExchange (ICE). The NYCE had its first permanent headquarters at 1 Hanover Square from 1872 to 1885, though it remained on Hanover Square, Manhattan, for over a century. Since 2003, its headquarters and trading facility have been in One North End Avenue. History Formation The NYCE was founded in 1870 by a group of one hundred cotton brokers and merchants, and is the oldest commodities exchange in the city. In the spring and summer of 1870, a group of cotton merchants and brokers doing business in New York began planning an improvement on their "loose and informal association of persons active in the cotton trade," spending weeks preparing to create an association that was governed by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodities Exchange
A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading includes various types of derivatives contracts based on these commodities, such as forwards, futures and options, as well as spot trades (for immediate delivery). A futures contract provides that an agreed quantity and quality of the commodity will be delivered at some agreed future date. A farmer raising corn can sell a futures contract on his corn, which will not be harvested for several months, and gets a guarantee of the price he will be paid when he delivers; a breakfast cereal producer buys the contract and gets a guarantee that the price will not go up when it is delivered. This protects the farmer from price drops and the buyer from price rises. Speculators and investor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savannah Cotton Exchange
Freemasons' Hall, formerly the Savannah Cotton Exchange, was built in 1876 in Savannah, Georgia, United States. Its function was to provide King Cotton factors, brokers serving planters' interest in the market, a place to congregate and set the market value of cotton exported to larger markets such as New York City or London. By the end of the 19th century, factorage was on the decline as more planters were selling their products at interior markets, thus merely shipping them from Savannah via the extensive rail connections between the city and the interior. The cotton exchange went out of business in 1951. History General William Washington Gordon II was a chairman of the exchange after serving in the Battle of Jonesboro (1864). In the June 10, 1878, edition of the ''New York Times'', the exchange published the following report, sent the previous day, as a summary for May's business: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. The company's two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), once separately owned exchanges. NYMEX traces its history to 1882 and for most of its history, as was common of exchanges, it was owned by the members who traded there. Later, NYMEX Holdings, Inc., the former parent company of the New York Mercantile Exchange and COMEX, went public and became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. On March 17, 2008, Chicago based CME Group signed a definitive agreement to acquire NYMEX Holdings, Inc. for $11.2 billion in cash and stock and the takeover was completed in August 2008. Both NYMEX and COMEX now operate as designated contract marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Center Bombing
The 1993 World Trade Center bombing was a terrorist attack carried out by Ramzi Yousef and associates against the United States on February 26, 1993, when a van bomb detonated below the 1 World Trade Center (1971–2001), North Tower of the World Trade Center (1973–2001), World Trade Center complex in Manhattan, New York City. The urea nitrate–hydrogen gas enhanced device was intended to make the 1 World Trade Center (1971–2001), North Tower collapse onto the 2 World Trade Center (1971–2001), South Tower, taking down both skyscrapers and killing tens of thousands of people. While it failed to do so, it killed six people, including a pregnant woman, and caused over a thousand injuries. About 50,000 people were evacuated from the buildings that day. The attack was planned by a group of terrorists including Ramzi Yousef, Mahmud Abouhalima, Mohammed A. Salameh, Nidal Ayyad, Abdul Rahman Yasin, and Ahmed Ajaj. In March 1994, four men were convicted of carrying out the bombing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long Island City
Long Island City (LIC) is a neighborhood within the New York City borough of Queens. It is bordered by Astoria to the north; the East River to the west; Sunnyside to the east; and Newtown Creek, which separates Queens from Greenpoint, Brooklyn, to the south. Its name refers to its location on the western tip of Long Island. Incorporated as a city in 1870, Long Island City was originally the seat of government of the Town of Newtown, before becoming part of the City of Greater New York in 1898. In the early 21st century, Long Island City became known for its rapid and ongoing residential growth and gentrification, its waterfront parks, and its thriving arts community. The area has a high concentration of art galleries, art institutions, and studio space. Long Island City is the eastern terminus of the Queensboro Bridge, the only non-tolled automotive route connecting Queens and Manhattan. Northeast of the bridge are the Queensbridge Houses, a development of the New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
September 11, 2001 Attacks
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into the Twin Towers of the World Trade Center in New York City and the third into the Pentagon (headquarters of the U.S. Department of Defense) in Arlington County, Virginia. The fourth plane crashed in a rural Pennsylvania field during a passenger revolt. The attacks killed 2,977 people, making it the deadliest terrorist attack in history. In response to the attacks, the United States waged the global war on terror over multiple decades to eliminate hostile groups deemed terrorist organizations, as well as the foreign governments purported to support them. Ringleader Mohamed Atta flew American Airlines Flight 11 into the North Tower of the World Trade Center complex at 8:46 a.m. Seventeen minutes later at 9:03 a.m., United Airlines Fli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
4 World Trade Center (1975-2001)
4 World Trade Center (4 WTC; also known as 150 Greenwich Street) is a skyscraper constructed as part of the new World Trade Center in Lower Manhattan, New York City. The tower is located on Greenwich Street at the southeastern corner of the World Trade Center site. Fumihiko Maki designed the building. It houses the headquarters of the Port Authority of New York and New Jersey (PANYNJ). The current 4 World Trade Center is the second building at the site to bear this address. The original building was a nine-story structure at the southeast corner of the World Trade Center complex. It was destroyed during the September 11 attacks in 2001, along with the rest of the World Trade Center. The current building's groundbreaking took place in January 2008, and it opened to tenants and the public on November 13, 2013. The building has of space. Site 4 World Trade Center is at 150 Greenwich Street, within the new World Trade Center (WTC) complex, in the Financial District neighbo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coffee, Sugar And Cocoa Exchange
The Coffee, Sugar and Cocoa Exchange (CSCE) was founded in 1882 as the Coffee Exchange in the City of New York. Sugar futures were added in 1914, and, on September 28, 1979, the New York Coffee and Sugar Exchange merged with the New York Cocoa Exchange (which in turn had been founded in 1925) to form CSCE. In 1998, CSCE merged with the New York Cotton Exchange as subsidiaries of the New York Board of Trade (NYBOT). The CSCE operates as an independent unit of NYBOT trading futures and options on coffee, sugar and cocoa and the S&P Commodity Index. Trading is by open outcry, from 8 a.m. to 2:45 p.m., Monday through Friday. In January 2007, NYBOT merged with IntercontinentalExchange (ICE) and became a wholly owned subsidiary of ICE. Key people At the end of April 1902, H. M. Humphreys resigned from his position as superintendent of the Coffee Exchange to become vice president of the newly formed Mutual Alliance Trust Company. Coffee broker Joseph J. O'Donohue was a fou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Instruments Exchange
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tomato Products Associates
The tomato (, ), ''Solanum lycopersicum'', is a plant whose fruit is an edible berry that is eaten as a vegetable. The tomato is a member of the nightshade family that includes tobacco, potato, and chili peppers. It originated from and was domesticated in western South America. It was introduced to the Old World by the Spanish in the Columbian exchange in the 16th century. Tomato plants are vines, largely annual and vulnerable to frost, though sometimes living longer in greenhouses. The flowers are able to self-fertilise. Modern varieties have been bred to ripen uniformly red, in a process that has impaired the fruit's sweetness and flavor. There are thousands of cultivars, varying in size, color, shape, and flavor. Tomatoes are attacked by many insect pests and nematodes, and are subject to diseases caused by viruses and by mildew and blight fungi. The tomato has a strong savoury umami flavor, and is an important ingredient in cuisines around the world. It is used in pizz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citrus Associates
''Citrus'' is a genus of flowering trees and shrubs in the family Rutaceae. Plants in the genus produce citrus fruits, including important crops such as oranges, mandarins, lemons, grapefruits, pomelos, and limes. ''Citrus'' is native to South Asia, East Asia, Southeast Asia, Melanesia, and Australia. Indigenous people in these areas have used and domesticated various species since ancient times. Its cultivation first spread into Micronesia and Polynesia through the Austronesian expansion (–1500 BCE). Later, it was spread to the Middle East and the Mediterranean () via the incense trade route, and from Europe to the Americas. Renowned for their highly fragrant aromas and complex flavor, citrus are among the most popular fruits in cultivation. With a propensity to hybridize between species, making their taxonomy complicated, there are numerous varieties encompassing a wide range of appearance and fruit flavors. Evolution Evolutionary history The large citrus fruit o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wool Associates
Wool is the textile fiber obtained from sheep and other mammals, especially goats, rabbits, and camelids. The term may also refer to inorganic materials, such as mineral wool and glass wool, that have some properties similar to animal wool. As an animal fiber, wool consists of protein together with a small percentage of lipids. This makes it chemically quite distinct from cotton and other plant fibers, which are mainly cellulose. Characteristics Wool is produced by follicles which are small cells located in the skin. These follicles are located in the upper layer of the skin called the epidermis and push down into the second skin layer called the dermis as the wool fibers grow. Follicles can be classed as either primary or secondary follicles. Primary follicles produce three types of fiber: kemp, medullated fibers, and true wool fibers. Secondary follicles only produce true wool fibers. Medullated fibers share nearly identical characteristics to hair and are long but lack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
