A specially constructed area on the trading floor of some exchanges where trading in a futures contract is conducted. On other exchanges, the term ring designates the trading area for a commodity.

The commodities futures pits in Chicago and New York where thousands of traders used to use hand signals to buy and sell everything from pork bellies to grains closed after the bell on July 6.

Forex trading, short for foreign exchange trading, is a dynamic and global financial market where currencies are bought and sold. Over the years, this market has witnessed a remarkable evolution, ...

The birthplace of open-outcry trading pits bids farewell to the tradition as CME caves in to the technological revolution already adopted by its peers The old days: a trader at the Chicago Mercantile ...

1 Day PIT 0.00% DJIA 0.80% S&P 500 1.26% Retail/Wholesale 1.61% ...