1. Another is Steve Bruce, a floor broker for grains at the Chicago Board of Trade, who watches the Weather Channel from the trading pit. 2. Bringing technology into the trading pits is a way to cut costs and boost trading activity at the exchange, which is faced with increasing competition from electronic exchanges. 3. Cafedirect and others go outside the commodity trading pits of London and New York to deal directly with small growers, with whom they negotiate prices individually. 4. Computer screens, say some traders, eliminate the need for a costly floor, in which traders jostle in trading pits to shout buy and sell orders. 5. David Downey, who lost the election, says that too many potential customers are locked out of trading activity because of the physical limitations of the trading pits. 6. He said he was originally ordered to open the account by Barings management to reconcile mismatched trades in the open trading pit at the Singapore International Monetary Exchange. 7. He leads a group of candidates resisting some changes sought by former chairman Leo Melamed and his candidates, who want to bring more technology into the trading pits. 8. In particular, she says, she is trying to understand how traders make certain kinds of decisions at a given moment in the trading pit. 9. It is not simply that conversation in the Situation Room these days often parallels the talk in trading pits and boardrooms. 10. It takes place noisily in trading pits on the second floor of the adjoining Mills Tower building on Bush Street. |