The Arcade Traders "Pit Stories" Thread

This is a discussion on The Arcade Traders "Pit Stories" Thread within the Trading Firms forums, part of the Trading Career category; My boss told me another one today. He used to trade on the LIFFE floor but may have been on ...

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Old Apr 24, 2011, 11:43pm   #166
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Re: The Arcade Traders "Pit Stories" Thread

My boss told me another one today. He used to trade on the LIFFE floor but may have been on another at this time. The queen came to visit and everyone had been told to be on their best behavior or they'd risk being banned altogether. So all practical jokes were off on that day. I'm not sure which pit he was in but at the time it was trading "double 0s". All the traders were furiously making the hand signal for the product trading at double 0's, which apparently looks like the hand gesture for calling someone a wan*ker. Doing so as the queen walked past above.
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Old Jan 30, 2012, 6:58pm   #167
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My boss told me another one today. He used to trade on the LIFFE floor but may have been on another at this time. The queen came to visit and everyone had been told to be on their best behavior or they'd risk being banned altogether. So all practical jokes were off on that day. I'm not sure which pit he was in but at the time it was trading "double 0s". All the traders were furiously making the hand signal for the product trading at double 0's, which apparently looks like the hand gesture for calling someone a wan*ker. Doing so as the queen walked past above.
Very late on this and has been said before that those were the days .!
There were some great characters down there that comes with some great stories, anyone on here meet up for christmas in the city ( Lamb ).
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Old Jan 30, 2012, 9:52pm   #168
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Re: The Arcade Traders "Pit Stories" Thread

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Very late on this and has been said before that those were the days .!
There were some great characters down there that comes with some great stories, anyone on here meet up for christmas in the city ( Lamb ).
Prospreads...! Small world, your office is next to ours in Leisure Island
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Old Feb 16, 2012, 10:47am   #169
 
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Re: The Arcade Traders "Pit Stories" Thread

Tony Blair comes onto the Liffe floor with eight or more African commonwealth nations dignitaries all dressed up in their national costumes ...as he is walking past the Sterling pit ,JAG taps him on the Shoulder and says very loudly "Oi tony ...who ordered the minicabs ?"

I think it was a 2k fine but almost everyone in the Sterling pit peeled off a 50quid note and threw it into the middle of the pit to help pay the fine !
funny as **** !
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Old Feb 22, 2012, 11:18pm   #170
 
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Re: The Arcade Traders "Pit Stories" Thread

Anybody here from the IPE? Pre ICE...

Story from when the twin towers went down and a bunch of traders were incidentally flying to the US to try and get on the nymex floor. Obviously things were all up in the air and I think they may have landed in Canada. Anyway, nothing could be done so I think they just had a jolly up. Hired a car and the driver had buttons on the steering wheel to change the radio etc. Passenger in the back (I'll leave his name out) said 'fark, how did you change the radio'? Driver informs him that its voice activated. The passenger is amazed and starts shouting numbers at the radio. "108" he screams and the radio starts to change stations. Well, after a ribbing in the car, and coming back to london on the floor, everybody traded in lots of 108. You'd sell him 100 and then say, 'oh hang on, can you make it 108'? Then a chant of '108, 108 108...108, 108 ,108' would be heard.
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Old Feb 23, 2012, 6:24am   #171
 
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Re: The Arcade Traders "Pit Stories" Thread

oops...

Greenpeace hippies get asses kicked by British oil traders
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Old Jun 8, 2012, 3:30pm   #172
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Re: The Arcade Traders "Pit Stories" Thread

Anyone recall the story about batesy (I am sure it was him) and the Welsh bird he pulled who had alopechia?
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Old Jun 17, 2012, 3:43pm   #173
 
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Re: The Arcade Traders "Pit Stories" Thread

Didn't read the entire thread so not sure if this was already posted.

Traders From Chicago Board Of Trade Dump McDonald’s Applications On Occupy Chicago Protesters | Mediaite
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Old May 21, 2013, 11:19pm   #174
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Re: The Arcade Traders "Pit Stories" Thread

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Tony Blair comes onto the Liffe floor with eight or more African commonwealth nations dignitaries all dressed up in their national costumes ...as he is walking past the Sterling pit ,JAG taps him on the Shoulder and says very loudly "Oi tony ...who ordered the minicabs ?"

I think it was a 2k fine but almost everyone in the Sterling pit peeled off a 50quid note and threw it into the middle of the pit to help pay the fine !
funny as **** !
I have just cried till it hurt reading this one. I can just see JAG's leary grin and madlook in his eyes. top bloke.
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Old Jan 17, 2014, 10:52am   #175
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yeah - but when you are in an environment that sometimes gives the opportunity to make several thousand pounds in 10 minutes or there abouts, you start to realise that what other people think of you is pointless. it often comes from jealousy. after all, these 'funny people' from outside have often worked under this dumb belief that success comes from qualifications and working all the hours under the sun to 'please the boss' and other rat race stuff. talk about a wasted life! whos the d!ckhead now?

life is too short.

lift up your skirt, grab your balls AND MAKE SOME MONEY!!! - oh - and have some fun!!

yours,

captain sensible.
Fantastic thread, brilliant assessment !

Any one else got any stories ?
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Old Mar 3, 2014, 5:57pm   #176
 
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This goes back to the Stock Market floor before most of the traders reading this were born .Thought it might be interesting to relate a bit of the ' good old days'.

1959, I had been made up as a blue button, a valued job . Into my third day I set off to gather prices from the jobbers sited at their various stands. Speed was of essence - to impress the senior dealer- and I collided with a figure who actually backed into my path. I carried on after I mumbled an apology to suddenly hear a shout of' BOY', I hurried on to once again hear' BOY'. I looked up and it seemed the entire floor membership was staring at me. I looked around to hear a loud voice,' YES, YOU BOY'. Embarrassed , I retraced my steps to be asked 'Why did you bang into me BOY'. Mumble, mumble, sorry. Who is your senior dealer, I divulged the name,very worried by now as it seemed like I might not see out my first week on the floor. Further admonishment and told to report to my senior dealer after I had completed my assignment.
As I continued my journey the faces all around were grinning and chuckling.

I was soon to find out that the gentleman who backed into me was a Mr Percy Duke an ex army officer, a tall very erect figure , who always stood a few feet from his stand with jobbers book in hand. I was informed that this was his favourite ploy for the indoctrination of new blue buttons. Thanks Percy for the humiliation !
Of course from that date on I became one of the floor occupants who smiled when BOY was heard over the market din.
As I said at the start they genuinely were 'good old days'.
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Old Mar 4, 2014, 10:07am   #177
 
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Were you also asking for the price of shares in "Mike Hunt" ?

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Old Jun 17, 2016, 8:13am   #178
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