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Trading Pit

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Floor Trader
Glossary

Floor Trader

Picture this: a raucous trading pit, filled with shouting, sweating traders in colorful jackets, all frantically waving and gesticulating. Sounds like a scene straight out of a movie, right? Well, that was the reality for floor traders just a couple of decades ago. But in today's high-tech world, these warriors of the trading floor are a rare breed, hanging on to a tradition that's quickly fading into the annals of history.