S&P Pit: Futures Trading Then and Now

I recently had the opportunity to visit the S&P 500 Pit after speaking at the Trading Show in Chicago. 

Compare it to the pit only 8 years ago and you'll notice an interesting change ... but it's not necessarily as it seems.

 

 

via YouTube.

Don't let the slow pace and lack of frenzy fool you ... Volume now is higher than ever.  And the change in the pit isn't a harbinger of death for futures trading;  it's the signal of a new era. 

According to the CME Group, public outcry has fallen to 1% of total volume.

As the playing field changes, so does the game.

Onwards!