Hours for this job are typically long from eight to 12 hours per day.
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Trading is conducted in the pits.
The trading floor is a large room with several circular arenas known as pits.
The pits have a flat center and broad steps ascending concentrically to the edge the steps ensure that traders can see each other.
This is more common with financial and commodity companies that also have a trading floor.
Traders either stand in the center of the pit facing outwards or on the steps facing inwards.
Proponents of the trading pit say having people on the floor can help relay the message of the pit and can help provide an assessment of a trader s intentions behind a buy or sell move.
Before the electronic era trading relied heavily on these trading floors.
It can be defined as that segment of the market where the trading activities by the dealers in the financial instruments like equities debt derivatives bonds futures take place they take place in various.
The general purpose of a trading floor is to give traders a specific place where they can buy and sell stocks and options.