9 juin 2015 Le London Metal Exchange souhaite développer le trading électronique Le célèbre ring du LME, la bourse londonienne des métaux. 10 Mar 2020 The London Metal Exchange, owned by Hong Kong Exchanges and use arcane hand signals in five or 10-minute bursts of intense trading at 25 Jun 2019 Electronic trading has almost completely replaced face-to-face human trading. particular hand signals for buying, selling and the numbers involved. Outside the United States, the London Metal Exchange is the largest Exchanges play an important role in international commodity trade. This trading is done by using hand signals and shouting between traders. London Metal Exchange (LME) = this futures exchange focuses its trade on the different type of
1 Aug 2019
Those traders later formed the LME in 1877. Traders on the Ring shout out buy and sell orders in five-minute sessions for each metal, using hand signals to confirm orders. Trading takes place twice a day at 11:40am and 5pm. Traders, still almost all men, are regularly fined for breaching rules, such as using a mobile phone in the Ring. The London Metal Exchange (LME) will keep its open-outcry trading ring, bucking a trend by most other markets to shift to all-electronic operations. In the ring, a circle of padded red-leather seats, traders use arcane hand signals during five-minute bursts of intense trading in copper, aluminium, zinc, lead, nickel and zinc. Signals that occur with palms facing out and hands away from the body are an indication the gesturer wishes to sell. When traders face their palms in and hold their hands up, they are gesturing to buy. Numbers one through five are gestured on one hand with the fingers pointing directly upwards. Most of the world’s non-ferrous metals business is conducted on our three trading platforms: LMEselect (electronic), the Ring (open outcry) and the 24-hour telephone market. In 2018, 185 million lots were traded at the LME equating to $15.7 trillion and 4.1 billion tonnes notional with a market open interest (MOI) Hand signals – the sign language of futures trading — represent a unique system of communication that effectively conveys the basic information needed to conduct business on the trading floor. The signals let traders and other floor employees know how much is being bid and asked, how many contracts are at stake, what the expiration months are, the types of orders and the status of the orders. The LME's system of daily trading dates for up to three months forward is still how commodities are traded. In 1877, London Metals and Mining Company was formed in an office over a hat shop in
The LME's system of daily trading dates for up to three months forward is still how commodities are traded. In 1877, London Metals and Mining Company was formed in an office over a hat shop in
Exchanges play an important role in international commodity trade. This trading is done by using hand signals and shouting between traders. London Metal Exchange (LME) = this futures exchange focuses its trade on the different type of The electronic tide has since swept all before it, leaving the LME one of the last human hold-outs with its ring of red leather seats, baffling hand signals and old-school etiquette. The LME’s Those traders later formed the LME in 1877. Traders on the Ring shout out buy and sell orders in five-minute sessions for each metal, using hand signals to confirm orders. Trading takes place twice a day at 11:40am and 5pm. Traders, still almost all men, are regularly fined for breaching rules, such as using a mobile phone in the Ring.
1 Aug 2019
Hand signals – the sign language of futures trading — represent a unique system of communication that effectively conveys the basic information needed to conduct business on the trading floor. The signals let traders and other floor employees know how much is being bid and asked, how many contracts are at stake, what the expiration months are, the types of orders and the status of the orders. The LME's system of daily trading dates for up to three months forward is still how commodities are traded. In 1877, London Metals and Mining Company was formed in an office over a hat shop in As Chicago closes many open outcry trading pits, this oral history preserves the unofficial sign language traders developed to communicate their orders in the noisy chaos of the Merc. WBEZ
Exchanges play an important role in international commodity trade. This trading is done by using hand signals and shouting between traders. London Metal Exchange (LME) = this futures exchange focuses its trade on the different type of
9 juin 2015 Le London Metal Exchange souhaite développer le trading électronique Le célèbre ring du LME, la bourse londonienne des métaux. 10 Mar 2020 The London Metal Exchange, owned by Hong Kong Exchanges and use arcane hand signals in five or 10-minute bursts of intense trading at 25 Jun 2019 Electronic trading has almost completely replaced face-to-face human trading. particular hand signals for buying, selling and the numbers involved. Outside the United States, the London Metal Exchange is the largest