crowd


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Crowd

1. Members of an exchange who congregate in a certain area on a trading floor to make transactions. Crowds especially trade in certain securities. For example, the active bond crowd may gather in one area of the floor while the cabinet crowd may gather in another.

2. Informal for most investors. People with different investment philosophies alternately advise to either follow or avoid following the crowd.

crowd

Members on the floor of an exchange who are clustered around a pit or a specialist's post waiting to execute trades. See also foreign crowd.
References in classic literature ?
San Francisco was no longer the legendary city of 1849--a city of banditti, assassins, and incendiaries, who had flocked hither in crowds in pursuit of plunder; a paradise of outlaws, where they gambled with gold-dust, a revolver in one hand and a bowie-knife in the other: it was now a great commercial emporium.
The stupefaction of the crowd was indescribable as they saw one of their waganga thus whirled away into space.
This crowd had been waiting since daybreak for three things: noonday, the embassy from Flanders, the mystery play.
As he stood thus, a stone struck his arm of a sudden with a sharp jar, and, turning, he saw that an angry crowd of men had followed him from the wrestling ring.
He raised his eyes from the ghastly object of his attention and saw himself the center of a crowd of men and women dimly seen; the room was thronged with them.
Presently three men left the crowd on the sidewalk as if by a common impulse and crossed the street.
On the bridge of the steamer, in the midst of the crowd, he bustled to and fro, never still for a moment, "dragging his anchors," as the sailors say, gesticulating, making free with everybody, biting his nails with nervous avidity.
On the right side of the warm church, in the crowd of frock coats and white ties, uniforms and broadcloth, velvet, satin, hair and flowers, bare shoulders and arms and long gloves, there was discreet but lively conversation that echoed strangely in the high cupola.
Those who were nearest him made comments to each other, and vented threats and murmurings; those who were outside the crowd cried, 'Silence,' and Stand back,' or closed in upon the rest, endeavouring to make a forcible exchange of places: and so they came driving on in a very disorderly and irregular way, as it is the manner of a crowd to do.
He is down upon the pavement; and the crowd eagerly gather round him: each new comer, jostling and struggling with the others to catch a glimpse.
The Pickwickians had no sooner dismounted than they were surrounded by a branch mob of the honest and independent, who forthwith set up three deafening cheers, which being responded to by the main body (for it's not at all necessary for a crowd to know what they are cheering about), swelled into a tremendous roar of triumph, which stopped even the red-faced man in the balcony.
But at once there was an outbreak of laughter and exclamations in the crowd.