Computerized trading silences the ‘open outcry’ pits again

A year after it closed most of its futures-trading pits in Chicago and New York, CME Group said it will close option pits in New York “as computerized trading claims another victim from the world’s old-school financial system,” said Reuters. “The closures will leave products listed at the company’s Nymex and Comex exchanges available only… » Read More

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