open outcry
A means for conducting a public auction of futures, options or stocks with traders vocalizing their bids and offers on the floor of an exchange. Before employing electronic systems, open outcry was originally used by all exchanges. The method continues to be used to trade forex futures on the IMM in Chicago.
Browse by Subjects
electronic trading system
trading post
American Stock Exchange (AMEX or ASE)
trading pit
Boston Stock Exchange (BSE)
See All Related Terms »

cash up
sales volume variance
Association of Authorised Public Accountants
delivery note
subordinated debt