While on a roll posting about old time grain stuff, I'll point out that futures trading began at the Dojima Rice Exchange in Osaka, Japan which existed from 1697 - 1939. Rather than rehash info from wikipedia, you can read the article linked here.
Wednesday, June 29, 2011
Dōjima Rice Exchange - invention of futures
While on a roll posting about old time grain stuff, I'll point out that futures trading began at the Dojima Rice Exchange in Osaka, Japan which existed from 1697 - 1939. Rather than rehash info from wikipedia, you can read the article linked here.