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Trading Ring

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Trading Ring
1. An area of the NYSE trading floor on which bonds are traded.

2. A group or syndicate of traders and/or trading firms, especially one engaged in illegal activities. This sense of the term is most often used in journalism. See also: Insider trading.
trading ring
The area in the bond room of the New York Stock Exchange within which trading in bonds must take place.
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Goffer was known as 'the Octopussy' within the insider trading ring due to his reputation for having his arms in so many sources of inside information.
SEC charges Wall Street lawyers and traders in $20 million insider ... by CPI Financial
It shows that we are targeting white-collar insider trading rings with the same powerful investigative techniques that have worked so successfully against the mob and drug cartels," Bharara said.
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One insider trading ring that was shut down by the government had used disposable cell phones and special codes to swap inside stock tips.
US regulators, exchanges move to squeeze insider trading by AFP / AFP American Edition
 
 
 
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