
International Commodity Exchange
An International Commodity Exchange is a marketplace where buyers and sellers from around the world trade raw materials like oil, gold, agricultural products, and metals. It provides a transparent, organized platform for price discovery, contract execution, and risk management through futures and options. These exchanges help producers and consumers hedge against price fluctuations, ensuring stability and liquidity in global markets. They operate under established rules and regulations, facilitating efficient international trade and contributing to economic stability.