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CBOT

Technique

Hand on vertical arm signals quantity "one hundred." Other arm is held horizontally at shoulder level.

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Quantity - One Hundred

Prices-Quantities CBOT Quantity - One Hundred
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Prices-Quantities CBOT Quantity - One Hundred
Hand on vertical arm signals quantity "one hundred." Other arm is held horizontally at shoulder level.
Prices-Quantities CBOT Quantity - One Thousand
Arm held overhead, one index finger pointed upward.
Prices-Quantities CBOT 30/32
Hand is formed into a fist held at arm's length.
Prices-Quantities CBOT 31/32
Pinky finger is extended upward from fist held at arm's length.
Prices-Quantities CBOT 32/32
Thumb is extended outward from fist held at arm's length.
Prices-Quantities CBOT Price - 0 of a cent
Hand is formed into a fist held at arm's length.
Prices-Quantities CBOT Price - 1/8th of a cent
Index finger is extended horizontally.
Prices-Quantities CBOT Price - 1/4th of a cent
Index and middle fingers are extended horizontally.
Prices-Quantities CBOT Price - 3/8ths of cent
Middle, ring and pinky fingers are extended horizontally.
Prices-Quantities CBOT Price - 1/2 of a cent
With thumb folded out of sight, four fingers are held widely spaced.
Prices-Quantities CBOT Price - 5/8ths of a cent
All five fingers are held widely spaced.
Prices-Quantities CBOT Price - 3/4ths of a cent
All five fingers are held pressed together.
Prices-Quantities CBOT Price - 7/8ths of a cent
Thumb is extended upward from fist.

Prices-Quantities

Numerical hand signals are generally constant throughout all trading floors but slight variations are made with figures greater than 99. Price is displayed away from the body and the quantity is displayed close to the face. Generally price is displayed before quantity ("price on quantity") to buy and it's the opposite to sell ("quantity at price"). When contracts are quoted in increments of 10ths, generally the signals used will be 1-9 and rather than increments of 10s.

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