From AFP News Agency.
In an era where computer algorithms automate trading at breakneck speeds, a dwindling number of London’s metal traders still conduct business in-person by shouting orders across Europe’s last so-called open-outcry trading floor. The nearly 150-year-old tradition takes place in a circle, or pit, of red-leather benches, called the ‘Ring’, where the daily global prices of copper, nickel, aluminium and other metals are set at the London Metal Exchange (LME). "All the shouting and screaming that we do here is used by the whole world," says Giles Plumb, a veteran financial services trader.
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