The paper deals with the topic of commodity exchanges, their business organization, and the role and importance in international business. Based on the world commodity exchanges, the paper aims to show how they operate and how they contribute to the exchange of goods at the global level. Commodity exchanges trade in standardized goods, of a certain quantity and quality and they are not physically present. Trading takes place on the basis of samples, and sales contracts are concluded without physical exchange of goods. Goods are traded in large quantities and mainly raw materials such as: precious metals, cocoa, coffee, sugar, cotton, etc. On almost all commodity exchanges, operations are carried out on a forward basis, futures and forward contracts are concluded. In this way, they want to minimize financial risks and allow speculation. All contracts, mainly forward and futures contracts, are concluded at a predetermined price for some execution on a certain day in the future. This also enables speculation, because each side of the contract expects earnings, hopes for the difference between the current market price on the day of execution and the pre-agreed price. In this paper, the entire business of commodity exchanges is processed through the theoretical part, and through the actual business of world commodity exchanges.