laptop 16 jpg 215940 300x226 S&P 500 Futures: The Pit vs. the Retail Trader. Over all my years on the CBOT and CME trading floors, watching customers trade, I knew there was something missing.

NEW YORK (AP) — Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the "roar" of the floor, the excitement ...

Today, most trading pits in Chicago and New York, where frenzied buying and selling once helped set prices on dozens of commodities, are set to close.

But options pits, which have stayed active in the face of electronic trading, will remain open in both Chicago and New York. Ending an era, CME Group to shutter most futures pits Skip to main ...

Our country needs viable stock and commodities exchanges – not casinos where trading is tempted to turn into nothing but technology business.

Let’s bow our heads, shall we? Why? To acknowledge the passing of a great tradition. This is “lights out” week for futures pit trading. As of Monday, all but the S&P 500 futures pit are to ...

Most futures pits in Chicago and New York, where frenzied buying and selling once helped... No more ‘roar’ as famed trading pits come to an end MySA Logo Hearst Newspapers Logo ...

The CME Group just announced that it will close most of its futures trading pits in Chicago and New York by this summer. "As open outcry futures trading has fallen to just one percent of the ...

CME Futures Pits To Close. 'It Was A Great Run,' Traders Say After 167 years, the Chicago Mercantile Exchange is expected to close the Futures Pits at the Chicago Board of Trade on Monday.

Oil futures pit traders at the CME’s New York Mercantile Exchange in 2007. ILLUSTRATION: AFP/Getty Images. As the end to pit trading for the futures market draws to a close at the CME, ...

Kenneth Spiewak used to trade stock index futures contracts at the Chicago Mercantile Exchange several times a week. But no more.Last year Spiewak, a broker in the Great Neck, N.Y., office of ...

Most futures pits in Chicago and New York, where buying and selling once helped set prices for commodities, are expected to close today. Most futures pits in Chicago and New York, ...