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.