Encyclopedia
Commodity exchange
1. For the purposes of this Law, a commodity exchange shall mean an organization with the status of a legal entity that forms a wholesale market by organizing and regulating exchange trading conducted in the form of public auctions held at a predetermined place and time according to rules established by it
Source: Law of Russia dated February 20, 1992 No. 2383-1 (as amended on July 19, 2011) "On Commodity Exchanges and Exchange Trading"