The
Coffee, Sugar and Cocoa Exchange (CSCE) was founded in 1882 as the Coffee Exchange in the City of New York. Sugar futures were added in 1914, and, on September 28, 1979, the New York Coffee and Sugar Exchange merged with the
New York Cocoa Exchange (which in turn had been founded in 1925) to form CSCE. In 1998, CSCE merged with the
New York Cotton Exchange as subsidiaries of the
New York Board of Trade (NYBOT). The CSCE operates as an independent unit of NYBOT trading
futures and
options on
coffee,
sugar and
cocoa and the
S&P Commodity Index. Trading is by
open outcry, from 8 a.m. to 2:45 p.m., Monday through Friday. In January 2007, NYBOT merged with
IntercontinentalExchange (ICE) and became a
wholly owned subsidiary of ICE.