Trading pit hand signals
16 Sep 2015 that is a staple of the open-outcry futures pits saw traders hooting and hollering for attention, all the while throwing out bizarre hand signals… 25 Sep 2012 As electronic trading replaces the "open outcry" system of the trading pits, the hand signals are edging toward obsolescence. Some exchanges 6 Jul 2015 Traders yelled and shoved and flashed hand signals, just as they did in the movie 'Trading Places.' But now the computer - faster, cheaper and 6 May 2004 At the Merc, it's hand signals. The trading pit — literally a pit — is filled with people waving and motioning because it's so large and loud that
20 Aug 2010 Trading hand signals - tradingpithistory.com I'll leave you with a link to a pretty cool website I found (Trading Pit history – sample pics above),
In reality, the hand signals simply clarify the verbal offers to buy and sell made in open outcry: whether a trade is buying or selling, how many contracts and at The new financial trading floor of the Chicago Board of Trade is a striking sight, out by traders or 'flashed' to others in the pit using the hand-signal language 16 Sep 2015 that is a staple of the open-outcry futures pits saw traders hooting and hollering for attention, all the while throwing out bizarre hand signals… 25 Sep 2012 As electronic trading replaces the "open outcry" system of the trading pits, the hand signals are edging toward obsolescence. Some exchanges 6 Jul 2015 Traders yelled and shoved and flashed hand signals, just as they did in the movie 'Trading Places.' But now the computer - faster, cheaper and 6 May 2004 At the Merc, it's hand signals. The trading pit — literally a pit — is filled with people waving and motioning because it's so large and loud that
Open outcry is the name of a method of communication between professionals on a stock exchange or futures exchange typically on a trading floor. It involves shouting and the use of hand signals to transfer information primarily about buy and sell orders. The part of the trading floor where this takes place is called a pit.
16 Sep 2015 that is a staple of the open-outcry futures pits saw traders hooting and hollering for attention, all the while throwing out bizarre hand signals… 25 Sep 2012 As electronic trading replaces the "open outcry" system of the trading pits, the hand signals are edging toward obsolescence. Some exchanges 6 Jul 2015 Traders yelled and shoved and flashed hand signals, just as they did in the movie 'Trading Places.' But now the computer - faster, cheaper and 6 May 2004 At the Merc, it's hand signals. The trading pit — literally a pit — is filled with people waving and motioning because it's so large and loud that
15 Jul 2015 Open outcry – where traders and brokers gather on a trading floor and compete for transactions through hand signals and loud shouts of the
10 Mar 2020 CME Group Inc has restricted large tour groups from its trading floor in use arcane hand signals in five or 10-minute bursts of intense trading A traditional way of communicating information across the trading floor of a stock, commodity or futures Traders communicate verbally and use hand signals.
The new financial trading floor of the Chicago Board of Trade is a striking sight, out by traders or 'flashed' to others in the pit using the hand-signal language
10 Mar 2020 CME Group Inc has restricted large tour groups from its trading floor in use arcane hand signals in five or 10-minute bursts of intense trading A traditional way of communicating information across the trading floor of a stock, commodity or futures Traders communicate verbally and use hand signals. 30 Jun 2015 Poster showing the various hand signals involved in trading on the floor of the Chicago Board of Trade Illustration courtesy Mike Nudelman In reality, the hand signals simply clarify the verbal offers to buy and sell made in open outcry: whether a trade is buying or selling, how many contracts and at The new financial trading floor of the Chicago Board of Trade is a striking sight, out by traders or 'flashed' to others in the pit using the hand-signal language 16 Sep 2015 that is a staple of the open-outcry futures pits saw traders hooting and hollering for attention, all the while throwing out bizarre hand signals…
Trading Pit Hand Signals is a retrospective look at the history and function of open outcry trading pits with a specific focus on the trading floors of Chicago, New York, London, Paris and Singapore. Using engaging portrait photography of former pit traders, Trading Pit Hand Signals catalogs the hand signals that made commodities futures trading possible. Informative, easy to read & extremely well written. I'm not in the trading industry, but I learned about the history of the trading pits & different trading hand signals by looking at the great pictures. People in any industry can read this & learn because it's capturing the history of the trading pits/trading floors. The ability to recognize all market participants was what made open outcry trading transparent and from this, signals were developed for the larger brokerages and for some large local traders. In cases where a more universal signal was never developed, their hand signal in the pit would simply be their three digit firm number.