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Pit
(redirected from digs a pit for)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 sec.
Pit
A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts.

Ring
A place on an exchange assigned for the trading of certain commodities, futures, or options. It is also called a pit or a trading pit.

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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