Economics

Traders Silenced: CME To Close Most Futures Trading Pits

Traders silenced: CME to close most futures trading pits

CHICAGO (AP) – Chalk up another victory of the machines over humans. The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who establish prices by flashing hand signals and shouting at each other. CME Group said Wednesday it that it will close most of…

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