ring session

Polish translation: sesja ringowa (sesja w kole)

11:22 Oct 7, 2013
English to Polish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: ring session
Open Outcry
Historically, during ring and kerb sessions, the majority of customer business reflects prices traded in the open outcry sessions. Customers can follow the market activity by monitoring quoted and traded prices disseminated via the LME market data system (MDS), or by listening to the simultaneous floor commentary provided by member(s). The MDS publishes prices traded during ring and kerb times on price vendor information services such as Reuters.
Members can continue to 'make a market' when requested by a customer during the ring and kerb
sessions, although this is entirely at the member's discretion. Alternatively, the customer can decide
whether to place an order using the 'order styles' mentioned below.
Quibox
Local time: 16:02
Polish translation:sesja ringowa (sesja w kole)
Explanation:
The method by which certain types of investment business is conducted at the London Metal Exchange (LME), where trading activity occurs within a six-meter diameter circle with two large display boards that show current prices. Each of the ring dealing members have a fixed seat within the ring, behind which an assistant is permitted to stand to pass orders to the ring dealing member, and to liaise with customers regarding market conditions.
Selected response from:

Frank Szmulowicz, Ph. D.
United States
Local time: 10:02
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1sesja ringowa (sesja w kole)
Frank Szmulowicz, Ph. D.


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
sesja ringowa (sesja w kole)


Explanation:
The method by which certain types of investment business is conducted at the London Metal Exchange (LME), where trading activity occurs within a six-meter diameter circle with two large display boards that show current prices. Each of the ring dealing members have a fixed seat within the ring, behind which an assistant is permitted to stand to pass orders to the ring dealing member, and to liaise with customers regarding market conditions.


    Reference: http://www.investopedia.com/terms/r/ring-trading.asp
Frank Szmulowicz, Ph. D.
United States
Local time: 10:02
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 663

Peer comments on this answer (and responses from the answerer)
agree  Roman Kozierkiewicz
2 hrs
  -> Dziękuję.
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