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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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It is necessary to include new features in every field especially in the financial sector. This article help me to get an idea about automatic pit trading, a trading system used in the LIFFE to replicate the outcry method. Thank you for sharing this post.

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Actually, this is for the first time that I came to know about the automatic pit trading. I came to know that this trading system is used in the LIFFE to replicate the outcry method. Thank you for providing this valuable piece of information.

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