The article highlights the concept of an organized form of trade. The economic essence of organized commodity markets is expressed through the prism of the market relations formation. It is noted that organized commodity markets occupy a prominent place in the market economy system due to their functions and economic purpose. The classification of organized commodity markets depending on the types of commodity assets is given, including agricultural markets, markets of metals, energy resources, timber and other assets. It was noted that organized commodity markets evolved over many centuries, therefore they adapted in their development certain joint achievements, as well as individual characteristics that arose on the basis of historically formed traditions, social and legislative norms, the formation of economic relations. The economic essence of organized commodity markets in the modern system of the market economy, which provides for the provision of an organized form of trade in commodity and financial markets, is defined. It is noted that the concept of "organized trade" can be replaced by the concept of "exchange trading", and "organized market" by the concept of "exchange market". It was determined that the characteristic features of an organized form of trade are the presence of an exchange infrastructure, specific rules of exchange trading. as well as the possibility of standardizing the parameters of exchange assets. An important place in the organized commodity market is given to organized platforms or commodity exchanges. The commodity exchange is a market institution that provides an efficient market environment for transparent pricing and forecasting of price risks. It was established that the importance of organized trade in commodity assets stems from the functional purpose of the organized commodity market due to the provision of: formation of a competitive environment in the market of real assets; transparent pricing of raw materials; price risk management mechanism; effective redistribution of financial resources; access to an open information environment. It has been established that the characteristic features of modern organized commodity markets are: electronicization; globalization; financialization; universalization.