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单词 open outcry
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open outcry
open outcry n. (a) a public sale to the highest bidder; a system of open bartering at such a sale; cf. outcry n. 3a; (obsolete) (b) Stock Market (originally U.S.) a system of financial trading in which the dealers shout out their bids and contracts.
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > stock exchange > system of trading
open outcry1566
1566 in J. Fowler tr. P. Frarinus Oration against Vnlawfull Insurrections Protestantes sig. Lii An other that was fled like a beggar priuilye, They tooke, and stript, and set to sale with open outcry.
1595 H. Chettle Piers Plainnes Prentiship sig. E2v The innocent were releast, the periurde Broker and his forsworne companions [were] promoted to the pillorie..their goods solde at open outcrie before all the people.
1629 I. M. tr. C. de Fonseca Deuout Contempl. xiv. 228 If it were to be sould at an open outcry, and in the publique market place, there would not a Chapman bee found to deale for it.
1891 N.Y. Times 18 Sept. 3/3 H. E. Huston's membership on the Cotton Exchange will be sold at ‘open outcry’—as the rules of the Exchange direct—Sept. 28.
1968 Commodity Trading Man. (Chicago Board of Trade) ix. 43/2 All offerings and bids must be made by open outcry.
1989 Independent 28 Mar. 22/4 The London International Financial Futures Exchange has also sought to replicate open-outcry with its Automated Pit Trading technology.
2000 N.Y. Times 6 Aug. iii. 1/1 And, some experts say, the demise of the ‘open outcry’ method of trading—the shouting and flashing of hand signals into a trading pit—might doom the exchange itself.
extracted from openadj.
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