DENVER--BUSINESS WIRE--Jan. 13, 1999--The www.optioninvestor.com now has real-time OEX trading recommendations, the "OEX Trading Pit," in addition to daily option plays. The OEX Trading Pit includes a page on Pit Theory and links to option quote pages. In addition you will find a real time OEX graph that is...
THE NEW YORK Mercantile Exchange launched an open-outcry pit in Dublin yesterday to trade Brent crude futures in response to the International Petroleum Exchange's move to limit pit trading in London in favour of electronic trading. As an incentive to come to Dublin, Nymex is offering an initial weekly allowance...
Don Sliter is one of the most successful traders in the Chicago Mercantile Exchange. Sliter started his career in commodities in 1978 as a runner, saving enough money from his job to start trading in the Chicago Board of Trade soybean pit. Initially unsuccessful because of his excessive enthusiasm, Sliter...
The UK's last open outcry trading pit at the International Petroleum Exchange, which is scheduled to close early next year, could be recreated under plans being considered by the New York Mercantile Exchange, Nymex.Robert Collins, the president of Nymex, said his organisation had received requests to...
Despite the emergence of electronic markets, opportunities still exist for pit traders. For new traders seeking hands-on price action, many options are available. Although the floor trader may be a dying breed, there are those contrarians who still get high on the action of...
The Independent Television Service launched a Web site (www.pbs.org/openoutcry] to complement its PBS documentary Open Outcry. Highlights include The Trading Pit, a feature profiling the pit at the Chicago Mercantile Exchange CME, The Culture of Commodities, which explains the language of the pit and the various...
Byline: Tanya Giles Oct 04, 2005 (Herald Sun - ABIX via COMTEX) -- Qantas and subsidiary Jetstar have joined the backlash against pit bull terriers in Australia. The two...
The CME and its Nasdaq pit were redeemed after the Commodity Futures Trading Commission CFTC found no evidence supporting allegations that traders in the Nasdaq 100 pit used pagers to illegally front run large orders. The CETO was asked by three co The CME and its...
World not idle waiting for GLOBEX While the world is bubbling with talk about GLOBEX, the electronic global exchange the Chicago Mercantile Exchange CME and Reuters plan to launch in early 1990, the London International Financial Futures Exchange LIFFE and Sydney Futures Exchange SFE are taking...
Like the victim of any mugging, the futures industry has wised up, sharpened its street smarts and, perhaps, become a bit paranoid since the high-profile announcement in January 1989 of a federal undercover investigation of pit trading practices at C Like the victim of any mugging,...
Byline: Steve Daniels Ellen Costello proved you don't have to be loud and pushy to succeed in a trading pit. In 1986, she was transferred to the bond trading floor of BMO Financial Group in Toronto after working in the company's more...
Vincent Viola, the chairman of the New York Mercantile Exchange, wishes he could hang a banner outside the financial market that reads: ``Pit trading is here to stay. Thanks for asking.'' Instead, Mr. Viola keeps defending the Nymex from doubters w Vincent Viola, the...
The new rules put into place in the Chicago Mercantile Exchange's CME Nasdaq 100 pit on Aug. 1 caused an explosion of rumors on and off the floor -- perhaps creating more problems than they meant to deter. The most significant response was from three congressmen,...
VANCOUVER, British Columbia--BUSINESS WIRE--Sept. 17, 1996--KIMBERLEY DIAMOND CO.(AUSTRALIAN STOCK EXCHANGE: KDC KDC.O VSE: KDC KDC.WT ) has completed rechecking of Sortex concentrates from the Pit 5 sample in the Blina area.Two additional diamonds weighing a total of 0.95 carats were recovered during the recheck. Fourteen diamonds have now been...
Traders are driven to compete. And if survival means running the Chicago Board of Trade's CBOT U.S. Treasury futures pit contracts alongside Project A contracts, the exchange's electronic trading system, then a new playing field will emerge. In July,Traders are driven to compete. And if survival means...
A GROUP of the big futures trading houses, including Deutsche Bank, JP Morgan and Chase, are pressuring the Bank of England to intervene to halt plans by Liffe, the London futures exchange, to shut down its trading pits and go completely electronic. They say that if Liffe proceeds...
Michael Schumacher lived up to his reputation as the rain-master to win his first British Formula One Grand Prix in extraordinary fashion at a stormy Silverstone yesterday. Schumacher triumphed in the pit-lane after being hit with a ten- second time penalty for overtaking while the safety car was...
Although Brooksley Born's exit from the CFTC gave traders a reason to cheer, rising challenges from electronic trading, new exchanges and the all-electronic Eurex's jump to number one in volume gave pit traders reasons to worry. No wonder 1999 saw so many alliances created between the...
PARK RIDGE, NJ.--Sony, hyping home entertainment products, inked a $2 million, one-year sponsorship of Nascar driver Robbie Gordon and will operate a Sony Tech Pit at 17 Winston Cup races. The Tech Pit gives fans an opportunity to try Sony TV, DVD and audio products. Gordon's Ford Taurus No.13...
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