Open Outcry
A method of trading on a commodity exchange that uses verbal bids and offers in the trading pits.

Investopedia Says:
A contract is made if one trader cries out that he wants to sell at a certain price and then another trader yells out that he will buy at that same price.

Related Terms:
Commodity
Hybrid Market
Pit
Trading Floor

• Intermarket Spread Swap
• Intermediate/Medium-Term Debt
• Internal Audit
• Internal Auditor
• Internal Controls
• Internal Growth Rate
• Internalization
• Internal Rate Of Return (IRR)
• Internal Rate Of Return (IRR)
• Internal Revenue Service (IRS)
• Internal Revenue Service (IRS)
• International Accounting Standards (IAS)
• International Accounting Standards (IAS)
• International Association of Financial Engineers (IAFE)
• International Association of Financial Engineers (IAFE)
• International Bank Account Number (IBAN)
• International Bank Account Number (IBAN)
• International Banking Facility (IBF)
• International Banking Facility (IBF)
• International Bond
• International Clearing System
• International Commodities Clearing House (ICCH)
• International Commodities Clearing House (ICCH)
• International Competitive Bidding (ICB)
• International Competitive Bidding (ICB)