International Monetary Market (IMM)
A division of the Chicago Mercantile exchange and the first centralized exchange established for the purpose of trading futures contracts on international currencies. Founded in 1972, the IMM pioneered trading in currency futures and options, allowing smaller traders the possibility of speculating in the forex market.
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exchange seat
crowd
consolidated tape
contract broker
clearance
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Cost-Push Inflation
money market demand account
decimal point
quorum
multiplication sign