Automated Pit Trading

Business, Legal & Accounting Glossary

Definition: Automated Pit Trading


Automated Pit Trading


Full Definition of Automated Pit Trading


APT. An electronic trading system used by LIFFE that replicates the outcry method of trading of securities. Automated pit trading is a screen-based platform launched in 1989. Its use extends the trading day for futures contracts since it does not use the trading floor for orders.


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Definition Sources


Definitions for Automated Pit Trading are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.