Friday, October 19, 2012

Last day for ICE pits in NY

photocredit: listal.com

This afternoon will market the final closing bell for pit trading on what's left of the ICE pits in NY.  To be honest, I already thought they shut down in the summer but that's apparently not the case.  Although the remaining options pits will close, the ICE pits cohabitated with NYMEX on the same trading floor which will continue to remain open for an indefinite period. 

Here's a couple videos back from the 80s or 90s when both the Cotton Exchange and Coffee, Sugar and Cocoa Exchange were very active in their old home at the World Trade Center.





There are a total of seven videos that the user uploaded above but only these two were able to be embedded, so the full suite can be accessed by clicking here.

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