ring

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Related to Trading Pits: floor trading

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 ?
By then, the action had expanded from the trading pits of organized markets such as the Chicago Board of Trade to informal "bucket shops," mostly in rural America, where ordinary folk could wager on movements in the big-city commodity markets.
It will cover roughly 13,100 square feet and contain 13 trading pits, similar to NYBOT's original WTC trading floor.
Trading pits include benzene, toluene, mixed xylenes, para-xylene, methanol, styrene, propylene, ethylene, MTBE and naphtha.
Online marketplaces, replacing grounded trading pits, are changing the face of the derivatives transaction and propelling this risk financing method into a warp-speed evolution.
Unlike some commodities that are bargained for in trading pits like Chicago's Board of Trade, newsprint is sold in an elaborate give-and-take that never ends.
YESTERDAY saw the launch of Liffe Connect, the new screen-based system that has replaced the noisy and colourful trading pits at the London International Financial Futures and Options Exchange.