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Pit

A specific area of the trading floor that is designated for the buying and selling of a particular type of security through the open outcry system. In the pit, brokers match customers' buy and sell orders through shouting and hand signaling. Orders that are not executed in the pit are executed through electronic trading.

Read more: Pit Definition | Investopedia http://www.investopedia.com/terms/p/...#ixzz4F1KgClCZ


See also:
http://www.investordictionary.com/de...on/trading-pit
https://www.danielstrading.com/educa...01/trading-pit
Created by  steve2222 , July 21st, 2016 at 03:05 AM
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