Jun

8

Sneak peek: The new CBOE open outcry trading floor opening in June

A reader asks:

What % of the floor space is the SPX pit?

Jeff Watson replies:

No clue. The CME is moving what’s left of their trading floor back to the old South Room, where the CBOT bond pit was 40 years ago before the new floor opened in 1982.

[A related link. -Ed.]
FLOORED The Complete Documentary Film

A world that's more riot than profession, the trading floors of Chicago are a place where gambling your family's mortgage is all in a day's work. FLOORED offers a unique window to this lesser-known world of finance. Traders may not have degrees, but they've got guts, and penchant for excess. But like many aspects of our economy, technology is changing their business, and these eccentric pit denizens aren't the type to take kindly to new tricks. Computerized trading may take the emotion out of the job, but it may also take these old-timers out- they are dinosaurs in a young man's game. FLOORED is a gripping, honest look behind the curtain of the trading floor that few have ever seen.

Jeff Watson adds:

A new trading floor in 2022 and I’m stoked.

Stefan Jovanovich offers some history:

Chicago Stock Exchange Trading Room: Reconstruction at the Art Institute of Chicago


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