telephone booth

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Telephone Booth

Informal; a cubicle containing a telephone on the New York Stock Exchange. Member firms use these telephones to take orders for trade, which are then executed on the trading floor. Members then use the telephone booth to communicate the trade back to a client. With the advent of Blackberries and other personal digital devices, some members have begun using these instead of the telephone booths.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

telephone booth

One of several telephone-containing cubicles located around the perimeter of the trading floor of the New York Stock Exchange. Telephones in these booths are used by member firms to receive orders that are to be executed on the floor. Once the orders have been executed, the telephones are used to transmit information back to the members' offices.
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 classic literature ?
Yet she, Pollyanna, was expected to enter alone these fearsome rooms, and telephone the, doctor that the master of the house lay now--
It seemed almost probable that the tragic end of our talk over the telephone had been caused by the sudden arrival and as sudden violence of Barney Maguire.
And at first, as I say, I was far from sure whether it was Raffles at all.; but I remembered the crash that cut short our talk over the telephone; and this inanimate heap of rags was lying directly underneath a wall instrument, with the receiver dangling over him.
"Tell her that she must arise and slip something about her and come to the telephone. I shall call up again in five minutes." Then he hung up his receiver.
Across the room from him Tarzan saw Olga seated before a little desk on which stood her telephone. She was tapping impatiently upon the polished surface of the desk.
Next day I went up to the telephone office and found that the king had passed through two towns that were on the line.
In this atmosphere of telephones and lightning communication with distant regions, I was breathing the breath of life again after long suffo- cation.
Why didn't I think of that!" she seized the telephone receiver and gave her number.
"I'll ring up his home and ask whether he's back." Mary crossed to the telephone and, after a series of brief remarks, announced:
At the end of the second week the overwrought head appealed passionately for relief, and Owen was removed to the Postage Department, where, when he had leisure from answering Audrey's telephone calls, he entered the addresses of letters in a large book and took them to the post.
One morning, receiving from one of the bank messengers the usual intimation that a lady wished to speak to him on the telephone, he went to the box and took up the receiver.
His name, now known as widely as the telephone itself, was Alexander Graham Bell.