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 ?
It has the same recoil absorbing grips as the Pit Bull's and it's also stainless steel.
One person's Boxer-mix is another's pit bull and is yet another's Bulldog/Lab mix.
Nationally, more than 35,000 pit bulls are up for adoption every day, and 2,800 are put down each day, according to data on SPOT's website.
What if that had been a child?" A Cleveland Police spokeswoman confirmed a pit bull dog has been seized and taken away by officers.
An overabundance of abandoned, unadoptable pit bulls in Niagara Falls which have filled up 90 percent of available cages at the Niagara County SPCA.
"There is now no issue that the dogs were anything other than pit bulls," he said.
The Pit Bull's owner has agreed for the dog to be put down.
Dog-lover Stephanie Fryns, moved by the plight of the Pit bull, adopted the pooch with just hours to spare and named him after gay musician Elton John, the New York Daily News reported.
A three-day-old girl died hours after being bitten on the head by a pit bull mix dog as she sat in an infant swing at her family's home in Ohio, US authorities said.
It is illegal to own a pit bull in the UK, but the law allows for courts to let owners keep them if they can show they are n't a danger.
Some Pit Bull owners have tried to pass off their dogs as Irish Staffordshire bull terriers.
McElroy, the pipe fusion experts, is celebrating 15 years of Pit Bull fusion machines.