Trading Floor United Traders

Increasingly though the human floor trader is becoming a relic of the past as exchanges go virtual and traders handle business through impersonal computer terminals and phones.

Trading floor united traders. Proponents of the trading pit say having people on the floor can help relay the message of the pit and can help provide an assessment of a trader s intentions behind a buy or sell move. Floor traders used to use the open outcry method in the pit of a commodity or stock exchange but now most of them use electronic trading systems and do not appear in the pit. While the nyse trading floor used to hold thousands of brokers and traders only about 250 traders are typically on these floor these days according to the new york post. Our team is made up of highly skilled professional traders that got together in 2009 to found united traders an investment company based in moscow.

Trading floors are found in the buildings of various exchanges such as the new york stock exchange and the chicago board of trade. A man cleans up on the trading floor following traders testing positive for coronavirus disease covid 19 at the new york stock exchange nyse in new york u s march 19 2020. The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options. The trading places caricature is long gone how the macho world of the trading floor is changing for the better about being a woman in a senior role and how home office life is evolving.