a) Hand-held Compaq computer with rectangular black and metallic colored plastic case and small rectangular screen on top side, b) black plastic spiral battery cord plugs into bottom of computer; rectangular battery pack with 4" cable. Screen and wireless LAN adapter detach from case c) Battery pack contains bar code from Chicago Mercantile exchange
Handheld computer used by the traders at the Chicago Mercantile Exchange, produced by Compaq Computer Corporation in 2003.
This handheld pocket computer serves as an example of the type of equipment used by traders in the Chicago Mercantile Exchange in the early 21st century. Founded in 1898 as the Chicago Butter and Egg Board, the Chicago Mercantile Exchange (CME) revolutionized trading with innovative products and systems. Items like this computer revolutionized trading in Chicago and throughout the world. Since the mid-20th century, CME has become the world's largest regulated marketplace for foreign exchange trading. In 1992, the CME adopted Globex, an electronic trading platform that allows traders to buy and sell contracts using computers, such as this handheld one. On November 13, 2000, CME became the first U.S. financial exchange listed on the New York Stock Exchange.