Notices

Trading jacket

From Traderpedia

Revision as of 13:41, 15 September 2005 by Arbitrageur (Talk | contribs)
(diff) ←Older revision | Current revision (diff) | Newer revision→ (diff)
Definition:
The brightly coloured jackets worn by pit traders on the floor of the exchange during open outcry trading.


Jackets were often coloured using patterns or colours specific to a brokerage or firm. Locals would generally design their own jackets for the purpose of being noticed in the pit.