Pit Traders

Discussion in 'Trading' started by aPismoClam, Jul 30, 2005.

  1. any here? any left? has your pit gone electronic? is it about to? ideas on the future? making it as a local? etc.
  2. well, guess that answers that.
  3. FredBloggs

    FredBloggs Guest

    i think mcurto does
  4. thanks.

    yo! mcurto!
  5. Prop trading firms and trading arcardes are practically the new pit.
  6. Ebo


    That's a good one!
  7. JDE13158


    I'm working down at the CBOT right now and they're starting to implement these handheld systems. It's only a matter of time when the place goes fully electronic. It's sad that the pits are going to be a thing of the past, especially because of my family's history there, but in the end, it will be for the better. Right now the floor is still quite active, although nothing compared to the good old days. I'm definitely not planning on starting my career there...there simply isn't much money to be made anymore.