Trading Pit Hand Signals

jan_Inkepa wrote: post #3

I had a laugh comparing the signs of the brokers GNI (japanese I believe?) https://tradingpithistory.com/hand-signals/participants-liff... and Deutsche Bank (German) - https://tradingpithistory.com/hand-signals/participants-liff... . More innocent times...

Ha, look at Babcock & Brown!

Re: Trading Pit Hand Signals

#5

Post by jan_Inkepa » Mon, May 10, 2021, 1:33 PM UTC

secondcoming wrote: post #4

jan_Inkepa wrote: post #3

I had a laugh comparing the signs of the brokers GNI (japanese I believe?) https://tradingpithistory.com/hand-signals/participants-liff... and Deutsche Bank (German) - https://tradingpithistory.com/hand-signals/participants-liff... . More innocent times...

Ha, look at Babcock & Brown!

Very good. This site really put me in a good mood.

(This pagination is really awkward to navigate for that brokerage sign list though right?)

Re: Trading Pit Hand Signals

#6

Post by dnadler » Mon, May 10, 2021, 1:46 PM UTC

https://tradingpithistory.com/hand-signals/functions-options...

Re: Trading Pit Hand Signals

#7

Post by js8 » Mon, May 10, 2021, 1:49 PM UTC

jan_Inkepa wrote: post #3

I had a laugh comparing the signs of the brokers GNI (japanese I believe?) https://tradingpithistory.com/hand-signals/participants-liff... and Deutsche Bank (German) - https://tradingpithistory.com/hand-signals/participants-liff... . More innocent times...

Or this one: https://tradingpithistory.com/hand-signals/participants-cbot...

Re: Trading Pit Hand Signals

#8

Post by bmmayer1 » Mon, May 10, 2021, 1:50 PM UTC

This is still the best (Hollywood quality) depiction of what the trading pit looked like in reality. Trading Places, 1983: https://www.youtube.com/watch?v=RLySXTIBS3c

Re: Trading Pit Hand Signals

#9

Post by aasasd » Mon, May 10, 2021, 2:14 PM UTC

jan_Inkepa wrote: post #3

I had a laugh comparing the signs of the brokers GNI (japanese I believe?) https://tradingpithistory.com/hand-signals/participants-liff... and Deutsche Bank (German) - https://tradingpithistory.com/hand-signals/participants-liff... . More innocent times...

Weirdly the Japanese association is taken by Diawa: https://tradingpithistory.com/hand-signals/participants-liff...

But indeed the folks weren't too shy: https://tradingpithistory.com/hand-signals/participants-liff...

Re: Trading Pit Hand Signals

#10

Post by kolbe » Mon, May 10, 2021, 2:18 PM UTC

I was in the CBOT agricultural futures and options pits. Despite the fact that we had hand signals, yelling and then running over to a broker who had an order you wanted to trade was by far the most popular way for a trade to be executed. Hand signals were more often used for trade confirmations and for communicating with your clerks or trading partners.