The organized chaos of open outcry and the advent of electronic trading
By: Carley Garner
Publisher: FTPress Delivers
Published: 2011
Place of publication: Upper Saddle River, N.J
Language: eng
Number of pages: 10
ISBN-13: 9780132478991; 9780132371667
Subjects: Commodity futures; Commodity options; Commodity exchanges
Description: "This Element is an excerpt from A Trader's First Book on Commodities: An Introduction to the World's Fastest Growing Market (ISBN: 9780137015450) by Carley Garner. 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"--Resource description page.
Notes: Description based on resource description page (viewed Sept. 10, 2010).

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