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These are the words we'll use to describe the hand signals traders will flash to each other in their efforts to communicate quickly across noisy trading floors. "The
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CME Technique. Hand holds throat between thumb and index finger. the commodity codes are F - January, G TRADING PIT HAND SIGNALS
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4 An Introduction to Futures and Options PAGE » CHAPTER 1 THE BIRTH OF FUTURES 1 » CHAPTER 2 THE FUTURES MARKETS 14 » CHAPTER 3 TRADING VENUES: OPEN OUTCRY
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I presume you are referring to the hand signals used in the commodity trading “pits”. Similar signals were/are used on stock and other exchanges in the US. The
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