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 ?
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.
Move on to the fire centre in the pit of the stomach, breathe deeply and think of the colour orange.
When we came into the dressing room after the game, Jonno told everyone to think about how empty they felt, about the sick, sinking feeling in the pit of the stomach.