Open Outcry

	Definition of 'Open Outcry' A method of trading on a commodity exchange that uses verbal bids and offers in the trading pits.
	Investopedia explains 'Open Outcry' A contract is made if one trader cries out that he wants to sell at a certain price and then another trader yells out that he will buy at that same price.

Related Definitions

Commodity

1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. ...
Read More »
Pit

A specific area of the trading floor that is designated for the trading of an individual futures or options contract.
Read More »
Hybrid Market

A securities exchange that facilitates trading through a blend of an automated electronic trading platform and a traditional floor broker system. Hybrid markets give brokers a choice ...
Read More »
- Trading Floor
  
  The floor where trading activities are conducted. Trading floors are found in the buildings of various exchanges, such as the New York Stock Exchange and the Chicago Board of Trade. ...
  Read More »
- Globex
  
  An electronic trading platform used for derivative, futures, and commodity contracts. Globex runs continuously, so it is not restricted by borders or time zones.
  Read More »

Take A Tour Of The Futures Trading Pit

Discover why controlled chaos can mean an exciting investment experience for you.
Read More »
How Brokers Can Avoid A Market-Maker's Tricks

Ensure that you and your clients are getting the best deal by avoiding these three pitfalls.
Read More »
The Global Electronic Stock Market

The way trading is conducted is changing rapidly as exchanges turn toward automation.
Read More »

Disbanding The Euro	Is Bank Of America In Danger?		The Greatest Currency Trades Ever Made	The Enron Collapse: A Look Back
	Day Trading Strategies For Beginners	The Biggest IPO Flops	How HELOCs Can Hurt You