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Related to ear pit: preauricular pit
A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A location on a commodities exchange trading floor where the futures of a particular commodity are traded. Also called ring.
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.