Trading center exclusively for trading futures contracts and commodity / financial instrument options. This entity has set rules and regulations. Establishes a market for buyers and sellers. Chicago Board Of Trade , Chicago Mercantile Exchange, Commodity Exchange (New York), Financial Futures Market (Montreal, Canada), Gold Exchange of Singapore, Hong Kong Commodities Exchange, International Futures Exchange (Bermuda), London International Futures Exchange, Mid America Commodity Exchange (Chicago), New York Futures Exchange, Sydney Futures Exchange, Tokyo International Financial Futures Exchange, and Toronto Stock Exchange Futures Market are the major futures exchanges in the world.