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in the United States it is illegal to trade futures contracts on onions. The ban was enacted as a result of two traders managing to corner the market on onion futures in the 1950s which made up 20% of all trades on the Chicago Mercantile Exchange at the time.

Feb 16, 2022•1 min read

Fun Fact: in the United States it is illegal to trade futures contracts on onions. The ban was enacted as a result of two traders managing to corner the market on onion futures in the 1950s which made up 20% of all trades on the Chicago Mercantile Exchange at the time.

Source

en.wikipedia.org

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