U.S. grain brokers lamented CME Group Inc.'s decision to permanently end open-outcry options trading, saying that pit traders could help navigate volatile markets. The owner of the Chicago Board of ...
CHICAGO (Reuters) - The Chicago Board of Trade's iconic grain trading pits will open for business more than two hours earlier on mornings when the U.S. government issues price-sensitive crop reports, ...
A conveyor then takes the grain from the pit to what's called the leg and a series of plastic buckets carry the grain to the storage tanks or bins. Years ago these buckets were metal, which caused ...
CHICAGO (Reuters) - On a recent morning in the Chicago Board of Trade's soybean futures pit, the trading action looked like this: One trader hiked up a leg onto a metal railing, stretching his ...