The majority of futures pits in Chicago and New York have closed for good. As the human element is further removed from financial markets in favour of automated technology, Aaran Fronda ponders what ...

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.

Jim is a long time futures markets professional. He started his career immediately after high school on the floor of the CBOT’s US Treasury Bond Futures pit which was at the time the largest ...

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 ...