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I always see this in movies during a stock market scene.... but what is really going on??????

I just seen the movie "What Happens In Vegas" and the girl who is an associate with stocks I suppose. Anyways, its always people yelling and waving a paper and all. It doesnt make sense to me and i have no idea whats going on. Could someone explain. Ive seen this in many other movies, such as Jungle 2 Jungle with Tim Allen having the same job. I have an educated idea about the stock and investments, but the yelling with a paper.... ummmm yeah...???

Asked By: -| Josh |- - 6/25/2008
Best Answer - Chosen by Asker
Sounds like you're describing "in person" commodities trading. Such high-energy scenes are typical of trading (buying and selling) stuff like crude oil futures, precious metals like gold, and even certain agricultural crops... More
Answered By: Daniel - 6/25/2008
Additional Answers (1)
The way it USED to work, each buyer or seller (floor traders) would shout out what he/she had to offer. They made deals on the spot, filling out their order slips. So if I had 1000 shares to sell at $5.00, I might yell out "1000 at 5", and if you were willing to buy, you'd shout out how many you'd take. Each trading... More
Answered By: quizzard123 - 6/25/2008
 
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