Amber Waves of Grain

The Pit
Frank Norris

the_pitOpen outcry. It may be the romance in finance, to turn the old Tiny Grimes lyric on its head,

Readers of a certain age may not even recognize the term. But from the earliest days at the buttonwood tree until about 10 years ago open outcry was a way, and for a very long time the only way, traders communicated with each other. A trading floor in full roar may be the ultimate Continue reading

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