The Organized Chaos of Open Outcry and the Advent of Electronic Trading

Business & Finance, Finance & Investing, Investments & Securities
Cover of the book The Organized Chaos of Open Outcry and the Advent of Electronic Trading by Carley Garner, Pearson Education
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Author: Carley Garner ISBN: 9780132479004
Publisher: Pearson Education Publication: July 14, 2010
Imprint: FT Press Language: English
Author: Carley Garner
ISBN: 9780132479004
Publisher: Pearson Education
Publication: July 14, 2010
Imprint: FT Press
Language: English

This is the eBook version of the printed book.

This Element is an excerpt from A Trader's First Book on Commodities: An Introduction to the World's Fastest Growing Market (9780137015450) by Carley Garner. Available in print and digital formats.

 

Open outcry: What’s going on in the trading “pit”–and why it matters to you.

 

The futures markets are the birthplace of a method of communication between trading professionals known as open outcry. Open outcry, a.k.a. “pit trading,” is an exciting form of trade execution in which shouting and hand signals transfer the details of intent to buy or sell a commodity and in what quantity. In recent decades, technological advances have greatly altered the way open outcry business is conducted.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is the eBook version of the printed book.

This Element is an excerpt from A Trader's First Book on Commodities: An Introduction to the World's Fastest Growing Market (9780137015450) by Carley Garner. Available in print and digital formats.

 

Open outcry: What’s going on in the trading “pit”–and why it matters to you.

 

The futures markets are the birthplace of a method of communication between trading professionals known as open outcry. Open outcry, a.k.a. “pit trading,” is an exciting form of trade execution in which shouting and hand signals transfer the details of intent to buy or sell a commodity and in what quantity. In recent decades, technological advances have greatly altered the way open outcry business is conducted.

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