The CME Group announced this week it’s not reopening the open outcry pits on the trading floor, which means the tradition will be gone for good. CME closed the pits last March at the start of ...
Jared Dillian, a former Wall Street trader, rates 12 banking and trading scenes in movies and TV, such as "The Wolf of Wall ...
The trading pits of yore are mostly dead. A few years ago even the CME announced that it would permanently close most of its remaining open-outcry trading venues in Chicago. It felt like the end of an ...
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 ...
Additionally, open-outcry trading hours will continue to operate from 9:30 a.m. to 1:15 p.m. CT Monday to Friday.
Three-month copper on the London Metal Exchange (LME) rose 0.1% to $8,949.5 a metric ton in official open-outcry trading. The metal used in power and construction lost 1.2% last week as the dollar ...
While the open outcry trading in the pit gave way to manual trading using computers, the next inflection in the trading evolution is what we are experiencing today with ‘Algorithms’ that are ...
Three-month copper on the London Metal Exchange (LME) slipped 0.2% to $9,334.50 a tonne in official open-outcry trading, having surged 13% since Jan. 5. "You could argue that it would be a good time ...
Three-month aluminium on the LME was up 0.9% at $2,512.5 per metric ton in official open-outcry trading. The contract hit $2,477, its lowest in more than three months, on Monday. According to the ...