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Automatic Pit Trading

Automatic Pit Trading - Automatic pit trading is also known as Automated Pit Trading or APT, which is a trading system that is electronic and is used by the London International Financial Futures and Options Exchange, also known as LIFFE, to replicate the outcry method, verbal yelling on the trading floor, for trading securities. This automated pit trading came into effect in 1989 as a platform of choice. By using this method, it extends the trading day for orders and futures contracts.

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