Automated Pit Trading

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Automated Pit Trading (APT)

Introduced in 1989, APT is the LIFFE screen-based trading system that replicates the open outcry method of trading on screen. APT is used to extend the trading day for the major futures contracts as well as to provide a daytime trading environment for non-floor trading products.

Electronic trading system introduced on the London International Financial Futures and Options Exchange in 1989 to replace outcry trading. See also: LIFFE CONNECT.

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