Origin of Eurodollar futures

(eurodollar pit pictured above from my book Trading Pit Hand Signals, I would’ve uploaded the digital file but that would’ve violated my license agreement w/Getty Images.  Can click to enlarge for better detail and the photo was taken from the top of the back months, in 2004 I believe) Russia’s incursion into Crimea and the Western, particularly US, posturing about …

Batch of CBOE photos

Cleaning up the computer I came across this batch of CBOE photos from either 1997 or 1999 which features the OEX, SPX and AOL pits.  It’s 83 photos in all and although I’ve never done much on the CBOE, figured I’d put these up.  This is the first time I’ve watermarked anything and it’s for a couple reasons, 1) is …

Pit Trading 101 film debut

The film Pit Trading 101 just got released by Jonathan Hoenig and is a wonderful piece of original content which was originally shot at the CME in 1996.  The footage is based upon a class taught by a group of traders that was essentially a one day boot camp on how a trading pit functions.  Captured in this film was …

Women of the Pits

Regardless of how politically incorrect it is, trading floors have always been a male dominated environment although a significant amount of women have not just simply worked in the trading pits but became the dominant traders in certain cases.  Because it’s (in general opinion, including my own) an unconventional environment for women to seek to work in, I’ve always been …