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
Chicago Board Options Exchange (CBOE)
electronic trading system
Chicago Board of Trade (CBOT)
American Stock Exchange (AMEX or ASE)
hybrid market
See All Related Terms »

vehicle currency
checkbook
economic contraction
life expectancy
symbol