pit

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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.
References in periodicals archive ?
As much sculpture for the inner ear and the pit of the stomach as for the eye, the ellipses invest the viewer in their presence with a level of acute physical self-consciousness that, at this moment, is all the more glamorous and exotic for being totally unavailable on the Web.
com We Were Promised Jetpacks - In The Pit Of The Stomach THE second album from the Edinburgh label-mates of Frightened Rabbit and The Twilight Sad was recorded in Sigur Ros' Iceland studios.
It's that rush that gets the heart pumping, the pulse racing and the nervous butterflies in the pit of the stomach simmering.