Pit
Definition
A specially constructed area on the trading floor of some exchanges where trading in a futures contract or option is conducted. On other exchanges, the term ring designates the trading area for commodity contract.
Related Terms Other terms related to 'Pit' starting with the letter 'P' Public, Prompt Date, Position, Public Elevators, Point and Figure Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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