The Trading Floor

It involves shouting and the use of hand signals to transfer information primarily about buy and sell orders.

The trading floor.

A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. Trading floors are found in the buildings of various exchanges such as the new york stock exchange and the chicago board of trade. The part of the trading floor where this takes place is called a pit. The trading floor is a large room with several circular arenas known as pits.

Trading floor is a place where traders buy and sell fixed income securities shares commodities foreign exchange options etc. The pits have a flat center and broad steps ascending concentrically to the edge the steps ensure that traders can see each other. The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options. In an open outcry auction bids and offers must be made out in the open market.

The series stars francis ng joseph chang and yu nan with special appearances by patrick tam and maggie cheung while the recurring cast includes liu kai chi carlos chan poon chan leung jacky cai and jiang a joe co produced by fox networks group tencent. What is the trading floor. The future of the trading floor transcript. Morgan and welcome to this episode of market matters technology has been transforming the trading floor over the past two decades but advances and new tools are accelerating the process.

Trading is conducted in the pits. Traders either stand in the center of the pit facing outwards or on the steps facing inwards. Open outcry is a method of communication between professionals on a stock exchange or futures exchange typically on a trading floor. The trading floor is a 2018 hong kong financial thriller television miniseries produced by andy lau and directed by wong kwok keung.

And although certain aspects of the overall trading infrastructure will continue to be commoditised the real competitive edge will come from the banks ability to fully automate and digitise their business models not from hanging onto voice trading. The floor where trading activities are conducted. It can be defined as that segment of the market where the trading activities by the dealers in the financial instruments like equities debt derivatives bonds futures take place they take place in various exchanges including bombay. The virtual trading floor is closer than many think.

Floor trading has become increasingly rare as electronic trading.