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Even though trading floors and exchanges have largely been replaced by server rooms filled with boxes of computer parts, there are still some places in the world where the movement of money or commodities is governed by people who can yell the loudest. Welcome to the world of outcry pit trading, a place that redefines […]
Even though trading floors and exchanges have largely been replaced by server rooms filled with boxes of computer parts, there are still some places in the world where the movement of money or commodities is governed by people who can yell the loudest. Welcome to the world of outcry pit trading, a place that redefines “hand to hand” combat. While few in number, some of the exchanges, such as the Chicago Mercantile Exchange (CME) are among the world’s most influential centers of trading. We found this fun infographic explaining the incredible sign language used by pit traders (a style of trader communication mentioned by AJ Monte at the Scotia iTrade Education Summit) to move around billions of dollars worth of stuff. Also, if you’re interested in learning more about this type of trading, check out a neat blog dedicated to hand signals and pit trading.
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Look Back / Look Ahead: A Review of Canadian Online Brokerages in 2021 & Preview of 2022
Blog
December 31, 2021If you thought 2021 was an eventful year (and it was!) at Canada’s online brokerages, wait until you see what’s in store for 2022. In this milestone issue of the Look Back / Look Ahead series, we hear from leaders at Canadian online brokerages about what they saw as the biggest highlights, as well as what they’re working on to impress self-directed investors in the next year. Also, we’ve got the scoop on four new online brokerages moving into the commission-free trading game.
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Mark to Market: The “Limit Buy” Part 2
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February 25, 2021Welcome to part 2 of Mark to Market, the comic where we break down complicated market concepts into easy to understand comics. In part 1 of this chapter, Mark Tradewell, a fictional DIY investor, decided to invest some of his funds in his Tax Free Savings Account into shares of the ABC company. When he […]
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