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 ?
She was beautiful and spoke engagingly to the kids, who were reading Pit Pony at the time.
He said: "I'm sure some people would say that but they haven't been a pit pony.
com or call Llancaiach Fawr Manor 01443 412248; Cardiff Castle 02920 878100; Techniquest 02920 475475; Rhondda Heritage Park 01443 682036; Pit Pony Sanctuary 01443 480327.
On Wednesday the magnificent junior miners' parade saw schoolchildren recreate the historic event, complete with banners, musicians, pit pony and pirate cart.
After all, Blaenavon's Big Pit, to the Taff Trail and the stunning Sultan the Pit Pony earth sculpture have all helped put the area on the map.
By jEREMY ARMSTRONG ToNY, Britain's last pit pony, has died at the age of 40.
Free art and craft activities for children continue through the holidays at the Overton museum, including making your own miner's lamp, creating pit pony sock puppets and casting a fossil to take home.
We do have regular problems with foxes and other predators," said Roy, who lives and works at the Fforest Uchaf Horse and Pony Centre and Pit Pony Sanctuary, which is based on a 20-acre hill farm in Penycoedcae, Pontypridd.
With the help of Gem, a gentle pit pony, he discovers that things aren't always as bad as they seem and miracles are possible, even in a coal mine.
Pit pony Sharon's Irish dancing and scabby rash nearly brought me out in laughter hives.
Ben, the Shetland pony, will be performing for visiting families as a pit pony, pulling coal tubs along the track of the Racecourse Colliery.