I recently had a chance to visit the S&P pit after speaking at the Trading Show In Chicago …
I recently had the opportunity to visit the S&P 500 Pit after speaking at the Trading Show in Chicago.
Compare it to the pit only 8 years ago and you'll notice an interesting change … but it's not necessarily as it seems.
via YouTube.
Don't let the slow pace and lack of frenzy fool you … Volume now is higher than ever. And the change in the pit isn't a harbinger of death for futures trading; it's the signal of a new era.
According to the CME Group, public outcry has fallen to 1% of total volume.
As the playing field changes, so does the game.
Onwards!