CBOT Trading Soybean market pit trading.

Final minutes of trading in the the soybean pit dec 29 2006.

Category:

News & Politics

Tags:

• Trading

[dave997]

soybeans are serious business

[joker2x]

I remember when I was in 5th grade my dad took me to the CBOT, we were talking to his friend by the bond pit near where the brokers stand, and a few brokers came out with some orders and I couldn't believe what i saw. It was like a stampede of men screaming and yelling running towards us, but at the time I thought it was the coolest thing in the world. Needless to say, I am now a trader, but I wish I had the opportunity to be in the pits.

[Issara86]

Long live the open cry.

[dobrik900]

дурдом.. мне проще за компом сидеь:)

[bigmaxy07]

5 at 6 1/2

[sprasher]

How the hell do people trade in this incoherent mess of an environment? Somebody give me a couple of monitors with charts on them in a quiet room.

[mredyhcapamab]

Wow, I remember when my dad traded soybeans in the pit in the 70's and 80's, it was nothing but wall to wall hands and fists and blood and screaming. No space in between people. It looks like it really did die there. :(

When I was a little girl I wanted to trade too - it looked like fun! - but my dad said no way, girls don't work the pits, not even sassy little girls like me.  Well, it looks like he was right, but not in the way he imagined. *sigh*

[skyd171]

@groweg I work in the next pit over. Options on commodities are still 75% traded in the pits. The futures pits are mostly empty

[abortbort]

SOY SOY SOY

[rhcarrollton]

Dave Baby!!!

[thezimboman]

these guys are bananas for soybeans

[Duds47]

this is the close at quarter end so extra activity as everyone is trying to flatten the open interest and roll into the next future contract. Most of the time between open and close guys read newspapers or eff with each other. the best is when a broker would cut a shark fin out of a trading card stick it in the collar of the jacket of a runner and send the guy to pick up an order across the floor. the kid would start walking and the whole place erupted "SHARK"!!! "GET OUT OF THE WATER!!!"