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Re: Sirens in the S&P Pit



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how much may he be fined if he is one
period late?


 ---- On Nov 30 Timothy Morge <tmorge@xxxxxxxxxxxxxxx> wrote: 
> Floor traders must number their their trading cards so the
> trades can easily be checked against time and sales--in the
> S&Ps, the siren rings every 15 minutes and the periods are
> denoted by letters of the alphabet. The trader then has
> another period before the card is 'late' and then he may be
> fined.
> 
> Tim Morge
> 
> Alan C. wrote:
> > 
> > I believe It is like a clock chime.
> > It signals every 15 minutes.
> > 
> > Alan C.
> > ---Jay Becker <jaymbt@xxxxxxxxxxxxx> wrote:
> > >
> > > Anyone know what that siren noise is that occasionally goes off in the
> > > S&P 500 pit?  I can hear it in the squawk box, but not sure what it
> > is.
> > >
> > > Jay Becker
> > >
> > >
> >
>