When Yelling at People Was Your Job: The Stock Exchange Pit
Why did they used to yell at each other at the stock exchange? I took it upon myself TO FIND OUT.
I dive into the chaotic world of the "open outcry" system, where traders relied on vocal communication and hand signals to conduct business in the pre-digital era. I also explore the historical origins of open outcry trading, how it proliferated, and discover how it gradually faded out over time due to technological advancements.
WOW OKAY is a miscellaneous channel dedicated to unravelling random thoughts or questions that pop into my brain.Topics will cover: History, Art & Culture, Animals, Psychology, and anything else under the sun...
#stockmarket #historyfacts #history