NEW YORK (AP) — Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the “roar” of the floor, the excitement of ...

The once-raucous pork belly pit at the Chicago Mercantile Exchange will soon be history. The storied open outcry pit — where orders are shouted out and contracts bought and sold with a series of ...

CHICAGO (Reuters) - CME Group Inc on Wednesday pushed back against calls for it to close open-outcry trading if its electronic platform fails, saying that most traders have access to the pits. "To ...

Pete Kosanovich can’t wait to put his trading jacket back on and return to the noisy Chicago pit where he’s worked for 17 years. The burly former football player is known on the floor by the letters ...

@2024 - All Right Reserved.

CHICAGO (AP) — Chalk up another victory of the machines over humans. The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who ...