- trading pit
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An area on a trading floor that is a focus for trading certain items, often specially furnished with equipment or taking the shape of a small amphitheatre.
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trading pit
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trading pit — See pit … Big dictionary of business and management
pit — trading pit An area of a stock market, financial futures and options exchange, or commodity exchange in which a particular stock, financial future, or commodity is traded, especially one in which dealings take place by open outcry Authorized… … Big dictionary of business and management
pit — The area on the trading floor where futures and options on futures contracts are bought and sold. Pits are usually raised octagonal platforms with steps descending on the inside that permit buyers and sellers of contracts to see each other.… … Financial and business terms
Pit — A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts. The New York Times Financial Glossary * * * pit pit [pɪt] noun [countable] 1. FINANCE an area of the floor of a… … Financial and business terms
Pit — A specific area of the trading floor that is designated for the trading of an individual futures or options contract. You ve probably seen pictures of traders wildly thrashing their arms and yelling orders in the trading pit. Although it may look … Investment dictionary
Pit — may refer to:Technology* Programmable Interval Timer, a computing device * Pulsed inductive thruster, a device used in spacecraft propulsion * The core of a nuclear weaponPlaces* Pit River, a watershed in California * Pittsburgh International… … Wikipedia
Pit (game) — Pit is a fast paced card game for three to eight players, designed to simulate open outcry bidding for commodities. The game was developed for Parker Brothers and first sold in 1904. This popular version of the game was developed by Edgar Cayce,… … Wikipedia
pit — 1. n. & v. n. 1 a a usu. large deep hole in the ground. b a hole made in digging for industrial purposes, esp. for coal (chalk pit; gravel pit). c a covered hole as a trap for esp. wild animals. 2 a an indentation left after smallpox, acne, etc.… … Useful english dictionary
pit — I [[t]pɪt[/t]] n. v. pit•ted, pit•ting 1) a hole or cavity in the ground 2) a covered or concealed excavation in the ground, serving as a trap 3) min a) an excavation made in exploring for or removing a mineral deposit, as by open cut methods b)… … From formal English to slang
pit — pit1 /pit/, n., v., pitted, pitting. n. 1. a naturally formed or excavated hole or cavity in the ground: pits caused by erosion; clay pits. 2. a covered or concealed excavation in the ground, serving as a trap. 3. Mining. a. an excavation made in … Universalium
