The system is used at futures exchanges such as the chicago mercantile exchange.
Trading floor hand signals. Hand signals the sign language of futures trading represent a unique system of communication that effectively conveys the basic information needed to conduct business on the trading floor. The signals let traders and other floor employees know how much is being bid and asked how many contracts are at stake what the expiration months are the types of orders and the status of the orders. Traders usually flash the signals quickly across a room to make a sale or a purchase. T o signal quantities one through nine touch your chin.
It s the end of an era at the cme. Trading floor hand signals decoded. When indicating you want an offer to buy the palm of the hand always faces toward you. Plus the najarian brothers decode the trading floor hand signals.
The system is used at financial exchanges such as the chicago mercantile exchange cme and the american stock exchange amex. Jackie deangelis anthony grisanti pete najarian and jon najarian break it down. To show quantities in multiples of 10 touch the forehead. To indicate quantity the number of contracts being bid or offered touch your face.
When indicating you want an offer to buy the palm of the hand always faces toward you. Hand signaling also known as arb or arbing short for arbitrage is a system of hand signals used on financial trading floors to communicate buy and sell information in an open outcry trading environment. Here are some common hand signals used on the trading floor.
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