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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.
References in periodicals archive ?
The application of pit and fissure sealants (FS) is widely used for the prevention of dental caries.
The American Dental Association and the Surgeon General of the United States of America advocate the utilization of pit and fissure sealants as a primary preventive measure for dental caries (2,3), and the United States Department of Health and Human Services has established the goal that 50% of children (aged 8 and 14 years) have pit and fissure sealants on their permanent molars by the year 2010 (4).
"Pit and fissure sealants are the most dramatic advance in dental decay prevention to come along since the advent of fluorides," says Dr.
Dental Pit and Fissure Sealants: Implications for School Health Personnel
In vitro sealing potential of a self-adhesive pit and fissure sealant. Quintessence Int.
Use of pit and fissure sealants (FS) has become accepted as an effective intervention for the prevention of occlusal caries in the molar teeth of young children [Kitchens, 2005; Ahovuo-Saloranta et al., 2008].
Pit and fissure sealants first were utilized in 1967 (1) and formally recognized by the American Dental Association in 1971 (2).
The term pit and fissure sealant (FS) describes a material introduced into occlusal pits and fissures of caries susceptible teeth, forming a micromechanically-bonded, protective layer denying access of a caries-producing bacteria from their source of nutrients [Simonsen, 2002].