The end of the traditional trading floor draws nearer as CME does away with open outcry futures

The increasingly outmoded method of using hand signals and shouting orders on trading floors is drawing ever closer to becoming consigned to the history books, as CME Group prepares to close most of its open outcry facilities for futures as it only represents 1% of CME’s business compared to the modern electronic systems which make up the vast majority of the venue’s execution methodology

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