The signals let traders and other floor employees know how much is being bid and asked how many contracts are at stake what the expiration months are the types of orders and the status of the orders.
Trading floor hand signals.
Hand signals the sign language of futures trading represent a unique system of communication that effectively conveys the basic information needed to conduct business on the trading floor.
On the trading floor the buyers and sellers use hand signals to communicate buy and sell futures option to communicate quantity to buy and at what price to buy sell in a open cry environment.
Trading floor hand signals by ex sfe trader nick radge shows you how to do the trading floor hand signals.
The signals let traders and other floor employees know how much is being bid and asked how many contracts are at stake what the expiration months are the types of orders and the status of the orders.
Nick worked on the sydney futures exchange sfe trading floor in the late 80s early 90s.
The classic thumbs up this indicates the order has been registered and processed.
Beyond the actual information regarding the order itself there are a number of hand signals used to indicate the status of an order and other procedures on the trading floor.
Cme hand signals are the default example with any variations listed in each exchange category.
Hand signaling also known as arb or arbing short for arbitrage is a system of hand signals used on financial trading floors to communicate buy and sell information in an open outcry trading environment.
The system is used at financial exchanges such as the chicago mercantile exchange cme and the american stock exchange amex.
Trading floor hand signals the binary option s expiration.