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Chicago Board of Trade

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Chicago Board of Trade Information

Info

Hours:
Regular Business Hours

When to Go:
Daytime

Seasonal Information:
Open Year-Round

Important Information:
Note that the Chicago Board of Trade Visitors Center is closed to the general public and groups that are not sponsored by a CBOT member or CBOT management.

Chicago Board of Trade

Quick Facts

  • The Chicago Board of Trade was established in 1848 and is the world's oldest futures and options exchange.
  • A statue of the Roman goddess Ceres sits on top of the Board of Trade Chicago in reference to the exchange's heritage as a commodity market.
  • The Chicago Board of Trade building is a National Historic Landmark, but just one of the many in Chicago.

Address:
141 W. Jackson Boulevard
Chicago, IL 60604
View Map



User Average Review

Overall:
3.5
Location:
4
Information:
3
Fun Factor:
3

Based on 1 review

Rating Distribution

3.5 out of 5 Stars

100.0% recommended it

Chicago Board of Trade Reviews

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Tour Review : Chicago Board of Trade


Jason Bushey

Joined: April 2011

xxx.xxx.244.242

Overall:
3.35
Location:
4
Information:
3
Fun Factor:
3

Would recommend to a friend

Date of stay: 11/11

Went with:

The tour was:

Board of Trade - The famous building with the faceless statue

I suppose it's worth a trip to the Chicago Board of Trade building, if only to take in the atmosphere on LaSalle St. (Wall Street of the Midwest) and to check out this impressive building in person. 

I'm not sure what it is about my sense of direction, but over and over again I found myself wandering south during my visit to Chicago. At least three times, I would turn the corner to find the Board of Trade building in front of me; if the Chicago Theatre is my landmark for the north side of The Loop, the Board of Trade Building is its South Side equivalent.

The Board of Trade was extremely busy during the weekday afternoon that I visited, both in and around the building. The Board of Trade Building is definitely at the center of the Financial District, and the week I was in town the Occupy movement was still a presence but beginning to die down. 

The building itself is actually really impressive; I'm not an architect (or even close), but I could tell that this was an Art Deco design, and it corresponds well with the neighboring buildings surrounding it. Also, I heard the same story concerning the statue of Ceres on top of the Board of Trade on two separate tours. The story goes that the designer of the statue skipped putting a face on the statue, his thought process being that no building near the Board of Trade would ever be as tall as this one, and since no one would ever see it anyways, why bother? The Board of Trade is 45 stories tall ... nowhere near the tallest building even in its own neighborhood. As they say, "Hindsight is 20/20." Oh, and people are lazy.

If you want to see one of the more historical and unique buildings in Chicago, the Board of Trade Building is definitely worth a trip so long as you're willing to put up with the massive crowds in the Financial District.

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Summary

Features: The Board of Trade Chicago is located in an architectural Art Deco national landmark in the heart of Chicago’s financial district, which holds great historical significance in Chicago and the Midwest. The Board of Trade Chicago was established in 1848, and continues to be one of the most important companies in the world of futures exchange. In 1898, The Chicago Butter and Egg Board was established as a spin-off of the CBOT dealing primarily in the trading of agricultural-type contracts. In 2007, the Board of Trade in Chicago merged with The Chicago Mercantile Exchange (formerly the Chicago Butter and Egg Board).

Why We Go: Being a national landmark, the Board of Trade in Chicago is a must-see for any tourist.  The building sits right in the middle of Chicago's historic financial district, and is a very eclectic building.

  • Architecture: Since the 1930s the Board of Trade Chicago has been operating out of its current location in a building designed in Art Deco style.  The beautiful architecture includes a faceless statue of the Roman goddess Ceres, faceless because the sculptor, John Storrs, believed the building would be much taller and nobody would be able to see the face. 
  • History: Being the world's oldest futures and options exchange as well as a national landmark, the Board of Trade in Chicago is a must-see for any history buff, or anyone with interests in the history of the stock market.
  • Visitors Center: The Visitors Center is closed to the public, but tours can be arranged on the CME Group website, and are very informational and interesting.  Also, if you happen to know somebody who works in the building, they can see to your entry into the Visitors Center.

Inside Knowledge: The Chicago Board of Trade building sits on top of where Broker's Inn used to be.  Broker's in was famous for its amazing fish sandwiches served on Wednesdays and Fridays.  You can still get the same exact sandwiches, made with the same delicious recipe in the CBOT basement cafeteria on Wednesdays and Fridays.

Do's and Don'ts:

  • Do Go During Regular Business Hours: The Chicago Board of Trade is not open at night, so if you are hoping to glimpse the inside, go during the daytime; however, the building is lit up beautifully if you are interested in viewing Chicago architecture at night.
  • Do Get a Fish Sandwich: Definitely try the famous fish sandwiches served in the basement cafeteria on Wednesdays and Fridays.
  • Don't Bring Your Kids: Although the building is beautiful and historically important to Capitalism, don't bring your kids along because they will most likely find the financial district of Chicago boring.
  • Don't Forget to Visit the Website: Make sure you visit the CME Group website if you want to set up a tour of the Visitors Center, or to check updated information concerning the Chicago Board of Trade.

Comments

Sort Reviews By: | | |

Tour Review : Chicago Board of Trade


Jason Bushey

Joined: April 2011

xxx.xxx.244.242

Overall:
3.35
Location:
4
Information:
3
Fun Factor:
3

Would recommend to a friend

Date of stay: 11/11

Went with:

The tour was:

Board of Trade - The famous building with the faceless statue

I suppose it's worth a trip to the Chicago Board of Trade building, if only to take in the atmosphere on LaSalle St. (Wall Street of the Midwest) and to check out this impressive building in person. 

I'm not sure what it is about my sense of direction, but over and over again I found myself wandering south during my visit to Chicago. At least three times, I would turn the corner to find the Board of Trade building in front of me; if the Chicago Theatre is my landmark for the north side of The Loop, the Board of Trade Building is its South Side equivalent.

The Board of Trade was extremely busy during the weekday afternoon that I visited, both in and around the building. The Board of Trade Building is definitely at the center of the Financial District, and the week I was in town the Occupy movement was still a presence but beginning to die down. 

The building itself is actually really impressive; I'm not an architect (or even close), but I could tell that this was an Art Deco design, and it corresponds well with the neighboring buildings surrounding it. Also, I heard the same story concerning the statue of Ceres on top of the Board of Trade on two separate tours. The story goes that the designer of the statue skipped putting a face on the statue, his thought process being that no building near the Board of Trade would ever be as tall as this one, and since no one would ever see it anyways, why bother? The Board of Trade is 45 stories tall ... nowhere near the tallest building even in its own neighborhood. As they say, "Hindsight is 20/20." Oh, and people are lazy.

If you want to see one of the more historical and unique buildings in Chicago, the Board of Trade Building is definitely worth a trip so long as you're willing to put up with the massive crowds in the Financial District.