CME

Technique

Thumb and index finger brought close to side of mouth.

Origin

Smoking a joint of reefer

Brokerage - REFCO

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The ability to recognize all market participants was what made open outcry trading transparent and from this, signals were developed for the larger brokerages and for some large local traders. In cases where a more universal signal was never developed, their hand signal in the pit would simply be their three digit firm number

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