open-outcry

listen to the pronunciation of open-outcry
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Английский Язык - Английский Язык
A public auction method of trading conducted by calling out bids and offers across a trading ring or pit and having them accepted
The method of trading used at futures exchanges, typically involving calling out the specific details of a buy or sell order, so that the information is available to all traders
A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets
open-outcry
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