Europe's last old-school trading floor moves home http://ift.tt/1SF63ay

London's metal traders used to conduct their business in a rowdy coffee house. Two centuries later, they are still shouting across Europe's last open-outcry trading floor but in a plush new hi-tech office. The "Ring" tradition dates back to the early 19th century when a trader would draw a circle in the sawdust on the floor of the Jerusalem Coffee House in the City and take bids from surrounding merchants.

from Sniply: Australian Business & World Finance News - Yahoo!7 Finance http://ift.tt/1SF63ay
via http://ift.tt/1RctXqq