Open outcry

From 1

A method of public auction, common to most US commodity exchanges, where trading occurs on a trading floor and traders may bid and offer simultaneously either for their own accounts or for the accounts of customers. Transactions may take place simultaneously at different places in the trading pit or ring. At most exchanges outside the US, open outcry has been replaced by Electronic Trading Platforms. See Specialist System.

Discussion:

This area is for debates on this topic.

Footnotes:

See Also (links to blogs, forums, external sources, etc...):

Tags:
none
 
Images (0)
 
Comments (0)
You must login to post a comment.