why in videos of stock traders at the stock exchange on Wall Street (especially in the 90s and such) are all of the guys shouting and clamoring? Are they putting in trades that way?

Question

why in videos of stock traders at the stock exchange on Wall Street (especially in the 90s and such) are all of the guys shouting and clamoring? Are they putting in trades that way?

In: 197

Answer 1

Yes

At the center of that pile of humans was someone taking in the bids and marking them off at the lost at the time of verbally agreeing. This was the passed to another person who essentially made the trade official