Sunday, October 31, 2010

Trading floor order entry terminology on LIFFE

I just got back from London and while there, picked up this guide from a former LIFFE clerk which was put out by JP Morgan for it's customers and floor staff on the proper terminology of orders on the LIFFE floor.  Enormous errors were always possible with order entry and execution so it was important to make as few mistakes as possible and these guidelines would help eliminate such errors.  To read the text, you'll have to click on the pictures to enlarge. 

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