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|A Guide to Futures | Options Market Terminology : English English Dictionary||Download this dictionary|
Occurring outside the futures exchange trading pits. This includes cash transactions, the delivery process, and the changing of brokerage firms while maintaining open positions. All other transactions involving futures contracts must occur in the trading pits through open outcry.
The following video provides you with the correct English pronunciation of the word "Ex-pit transactions", to help you become a better English speaker.
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