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  2. Open outcry - Wikipedia

    en.wikipedia.org/wiki/Open_outcry

    Open outcry is 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. [ 2 ]

  3. New York Mercantile Exchange - Wikipedia

    en.wikipedia.org/wiki/New_York_Mercantile_Exchange

    The energy trading business took off, and NYMEX boomed. The open outcry floor became a cacophony of shouting traders and pit cards. The pits became a place where many people without much education or ability to fit into Wall Street could have a chance at being rich.

  4. Trading room - Wikipedia

    en.wikipedia.org/wiki/Trading_room

    As open outcry is gradually replaced by electronic trading, the trading room becomes the only remaining place that is emblematic of the financial market. It is also the likeliest place within the financial institution where the most recent technologies are implemented before being disseminated in its other businesses. Specialized computer labs ...

  5. London International Financial Futures and Options Exchange

    en.wikipedia.org/wiki/London_International...

    Trading was conducted by open outcry, where traders meet on the trading floor (in what is called the pit) to conduct trades. The Exchange was originally housed in the historic Royal Exchange building near Bank but then moved to Cannon Bridge in 1991. [3] [4]

  6. New NYSE president: Iconic trading floor is not going away - AOL

    www.aol.com/finance/nyse-president-iconic...

    The New York Stock Exchange has a new leader in Lynn Martin. Yahoo Finance chats with Martin about her biggest priorities and the outlook for the iconic trading floor.

  7. AI on the trading floor: Morgan Stanley expands chatbot tools ...

    www.aol.com/ai-trading-floor-morgan-stanley...

    Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.. The firm, which launched ...

  8. Chicago Mercantile Exchange - Wikipedia

    en.wikipedia.org/wiki/Chicago_Mercantile_Exchange

    The pits are areas of the floor that are lowered to facilitate communication, somewhat like a miniature amphitheater. The pits can be raised and lowered depending on trading volume. To an onlooker, the open outcry system can look chaotic and confusing, but in reality, the system is a tried and true method of accurate and efficient trading.

  9. Stock market today: Wall Street ends mixed after a ... - AOL

    www.aol.com/stock-market-today-asian-shares...

    Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny ...

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