CME

Technique

Thumb and index finger are pressed together and held to mouth.

Origin

Smoking a joint.

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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