pit Definition

pit

Definition

A circular area on an exchange's floor where the trading of a specific futures contract or option contract occurs. If a member firm wants to trade a specific contract anonymously, it will often use the services of a broker in the pit.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

floor broker - More

open outcry - More

outcry - More

ring

automated pit trading

Bolsa De Valores De Sao Paulo

Mentioned in these terms

Related Terms on BusinessDictionary

incineration

Popular 'Futures' Terms

security
commodity
derivative
risk
securities

intrinsic value
purchase
futures
outstanding
forward contract

pit in the news

Tools

pit is ...

... part of the Futures and Options subjects.

Nearby Terms

pink slip
pip
PIPE
pipeline
pipette
pit
Pitcairn Is Dollar
pitch
pitchbook
PITI
pivot

Search volume for pit

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

pit