Friday, July 30, 2004

Outcry over 'open outcry'

Times Online - Business

"The board of the IPE will today consider a proposal to restrict the practice of “open outcry”, whereby dealers in brightly coloured jackets stand on the floor and carry out highly charged trading, to the afternoon.

The practice, once common on financial markets, survives in London only at the IPE and the London Metal Exchange."

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