ring

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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.

ring

See pit.
References in periodicals archive ?
Knowing who is holding the ring, though, requires experience and talent.
Brigadier Ian Dale, the commander of 101 Logistic Brigade, said: "The Army was holding the ring to allow reconstruction and nothing happened.
To Play: Holding the ring, toss the ball into the air.