rcrutch98
rcrutch98 rcrutch98
  • 29-09-2016
  • Business
contestada

What is a sort of auction for stocks in which traders verbally submit their offers?

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stephensimon759
stephensimon759 stephensimon759
  • 31-07-2018

The answer to your question is open out cry!!!

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Tabbey
Tabbey Tabbey
  • 30-05-2019

Answer: Open outcry

Explanation:

Open outcry is a trading tool used by traders through the use of verbal and (non-verbal) hand signal communication. It is known to be used in stock and future exchanges. It is a way through which buyers and sellers (traders) interact face to face and read each other’s body language. As a result, decisions are made by the buyers based on the body language. It is also known as pit trading.

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