Three recent books

A few books of note that are worth a mention:  Zero Sum Game was an interesting read because it dealt with the CBOT/CME merger by a high level employee at the CBOT who started at the exchange right before the merger and presumably left right after.  It doesn’t deal much w/the trading pits but on the deal making of how …

Old CBOT cards

I’ve got a handful of these cards which look to be used to indicate grain futures deliveries at the CBOT in 1918 and the dates straddle the WW1 Armistice! The stamps on the back were tax related to the deliveries but I don’t know the full details about these cards beyond that.

Building the CBOT

These two photos are some beauties!  The top photo is the first newspaper photo of the wheat pit being built in the CBOT building in 1930.  The second photo is of the CBOT trading floor the day before it opened also in 1930.  As always, click on the photos to enlarge for detail.

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S&P pit after the bell on the Crash of ’87

Above is a photo I purchased from the Chicago Tribune archives which shows the S&P; 500 trading pit immediately after the close bell on Monday, October 19, 1987 better known as Black Monday.  From talking to some old timers, they’ve mentioned to me that most of the guys they knew made money on the day of the crash which was …

LIFFE serial handsignals

Again it’s good to highlight a wonderful submission this time from Lee Martin who used to work on the LIFFE floor.  Lee copied this page from a LIFFE booklet on handsignals and indeed I need to correct some of the signals on tradingpithistory.com as some are incorrect.  The reason why they’re incorrect is that I could only find one person …

Trading floor pins and buttons

You’ll need to click on the photo to enlarge it and read the pins better but I’m grateful for Dean Geyer for sending in the photo of what is one of the greatest if not the greatest collection of trading pins from the Chicago trading floors. The blog in the past has a few pictures of ones that I’ve collected …

Back for a bit

I’ll give a welcome back to myself as I’m home for a week before getting back to the travels and will push out some posts that have been in the queue.   There are still a few things I have to do on tradingpithistory.com for MATIF and LIFFE signals but it’s getting much closer to a complete, accurate library of trading …