English Dictionary

open outcry

noun

(business, finance) A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets.

Open outcry is a method of trading in which traders shout and use hand signals to communicate with each other on a trading floor.

意味（1）

(business, finance) A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets.