“It certainly wasn’t a celebration.” The frantic, frenzied style of trading that is a staple of the open-outcry futures pits saw traders hooting and hollering for attention, all the while throwing out ...
The first day of May was a watershed moment for agricultural commodity markets and farmers and ranchers. May 1 marked the end of live-person pit trading at the Chicago Mercantile Exchange and its ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The trading pits of yore are mostly dead. A few years ago even the CME announced that it would permanently ...
Blockchain, the provider of one of the world’s most widely used cryptocurrency wallets, announced the launch of its new, institutional-grade cryptocurrency trading platform on July 30, 2019. Called ...
The commodities futures pits in Chicago and New York where thousands of traders used to use hand signals to buy and sell everything from pork bellies to grains closed after the bell on July 6.
The birthplace of open-outcry trading pits bids farewell to the tradition as CME caves in to the technological revolution already adopted by its peers The old days: a trader at the Chicago Mercantile ...
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