Wall Street Shutters “Trading Places” Pit

Friday, 27 July 2012 | by Travis Smith

If you’re a fan of the Dan Aykroyd-Eddie Murphy classic, “Trading Places,” you’ll appreciate this: The Wall Street Journal says the ICE Futures exchange is shutting down the last of its trading pits. Specifically, the Journal says the coffee, sugar, cocoa, cotton…and frozen-concentrated orange juice trading pits will be replaced by electronic versions.

SOURCE: Wall Street Journal