Pit is the area on a trading floor where futures and options are traded. Often there are multiple pits on a trading floor, each dedicated to a specific contract.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). pit. Retrieved September 20, 2026, from http://smartdefine.org/pit/definitions/1160607 |
| Chicago | Barry Goldsmith. 2010. "pit" http://smartdefine.org/pit/definitions/1160607 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, pit, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/pit/definitions/1160607>. |
| MLA | Barry Goldsmith. "pit" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/pit/definitions/1160607> |