国际期货市场运行原则.pptVIP

Chapter 4 Life on the Trading Floor Dealers on the Futures Market Dealers on the Futures Market Amid a steady din of voices crying out bids and offers, various clerks and runners scurry here and there with orders to be filled and orders to be reported. Dealers on the Futures Market The pit At the heart of the open outcry market system is the pit, a circular construction forming just what its name implies: a hole in the trading floor. When a contract month expires, all the other contract months move up, so that, for example, the area that was formerly February copper becomes March copper wh