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Traders make a contract when one trader declares they want to sell at a certain price, and another trader responds that they will buy at that same price. Open outcry is similar to an auction where all participants have a chance to compete for orders. It leads to transparency, efficient markets, and fair price discovery. Because trading can occur between any two participants at any given time, it differs from over-the-counter trading where trading is negotiated between two parties privately. Most of the trading in pits is conducted between one or more members in the crowd of the pit, and a smaller number of traders that stand at the edge of the pits as market makers. Most of the order flow will come through these market makers to the traders in the pits. The length of the trading day differs between open outcry exchanges and those that use electronic trading such as the Globex. Regular market hours typically run from 8:30 a. m. to 4:15 p. Eastern Standard Time. Open outcry sessions for some commodities such as corn futures and options (CBOT) run from 9:30 a. to 1:15 p. m.
First introduced in 1992, the Globex is the first global electronic trading system for futures and options.
Landsforeningen mod spiseforstyrrelser job openings 2018
Landsforeningen mod spiseforstyrrelser job openings 2020
Landsforeningen mod spiseforstyrrelser job openings online
Landsforeningen mod spiseforstyrrelser job openings shop
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