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  5. Open Outcry

Open Outcry

Definition of 'Open Outcry'

A system of face-to-face trading where brokers shout their bids and offers out loud; used in most commodity and derivatives markets.

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Related Terms

Open Market OperationPit TraderAllotment LetterForward OptionInternational (or Open) Fisher TheoryOpen AnnuityOpen InterestOpen OfferOpen-EndedRelationship BankingSterilisationSterilizationTechnical Analysis

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