trading ring

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Trading Ring

1. An area of the NYSE trading floor on which bonds are traded.

2. A group or syndicate of traders and/or trading firms, especially one engaged in illegal activities. This sense of the term is most often used in journalism. See also: Insider trading.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

trading ring

The area in the bond room of the New York Stock Exchange within which trading in bonds must take place.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
STARVED of positive economic signals, investors in the capital and currency markets pounced on the news of the $6 billion Saudi package and entered the trading rings with renewed vigour.
Market regulation requires developing a specification for all auto trading rings and requirements for exhibitions.
sophisticated trading rings that we have ever seen, spanning the
189,000 tons of products with the total value of $186mln were traded in the IME metals and minerals trading halls in local and export trading rings.
"It shows that we are targeting white-collar insider trading rings with the same powerful investigative techniques that have worked so successfully against the mob and drug cartels," Bharara said.
Investigators from the Financial Industry Regulatory Authority (FINRA), the Options Regulatory Surveillance Authority (ORS A), N YSE Regulation and the SEC have created "scheme teams" to crack serial insider trading rings.