Also revealed is the endangerment of the open outcry trading system as the digital revolution replaces it at many of the world's financial exchanges.

Traders and brokers previously used the physical trading system known as the Open Outcry System. When followed, they have to be present at a place called the Trading Floor. An open outcry system ...

Floor trading allows for showmanship and to simplify large, complicated orders. Open outcry was a system used by traders at ...

The CME Group announced this week it’s not reopening the open outcry pits on the trading floor, which means the tradition will be gone for good. CME closed the pits last March at the start of ...

Open-outcry trading is used for determining official prices used by physical users as benchmarks for their contracts, with an electronic system for closing prices. Clear Street, which hired ...

4. Open outcry: A renaissance? While writing up the biggest moves from across the industry brings with it a certain degree of joy, nothing matches recognition received for a longer form piece of work ...