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pit
(redirected from Arm pit)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.04 sec.
Pit
A specific area of the trading floor that is designated for the trading of an individual futures or options contract.

Notes:
You've probably seen pictures of traders wildly thrashing their arms and yelling orders in the trading pit. Although it may look like a poorly coordinated Village People concert, there is actual trading going on.

See also: Open Outcry, Rings
Pit
A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts.
pit
A location on a commodities exchange trading floor where the futures of a particular commodity are traded. Also called ring.
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The muscle under his left arm pit was ripped, and the flesh was torn loose from his right biceps.
Teen risks life to save young girls. (The Goodness of America) by Lee, Robert W. / The New American
Wesley Crown is a 5-foot-6, 135-pound left-handed pitcher who barely reaches the arm pit of his towering Kennedy High School teammate, 6-5 Jon Garland.
KENNEDY LEFT-HANDER HELPS CROWN TAFT : KENNEDY 7 TAFT 3 by Daily News (Los Angeles, CA)
Unlike other treatments, this technique not only addresses the upper arm excess but it also cleans up the arm pit tissues as well as placing the scar in a desirable location.
Live Webcast Event - Unique Upper Arm Lift Surgery by Business Wire
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