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After all, in recent years theyve endured worse, like the closure of most of the Chicago Mercantile Exchanges futures trading pits.
The third and final source of data upon which we draw in our historical study of trading pits is what may be broadly referred to as (semi-scholarly) 'how to' books, i.e.
Also reporting earnings after the bell, CME Group will be in focus after the group announced plans to close most of its futures trading pits in Chicago and New York City by July 2 on Wednesday.
"The opening went peacefully enough, and peaceful is good," UBS director of floor operations Art Cashin said on CNBC from the New York Stock Exchange trading pits, which were operating on generator power.
In fact, I remember many years ago, IAFP (the forerunner of the FPA) board member Bill Kovasic, who lived in Chicago, the home of the commodities trading pits, argued that effective asset allocation required the diversification and inflation hedge of commodities.