U.S. Securities and Exchange Commission

CBOE could get new open-outcry trading floor, even as frenzied trading declines

CBOE could get new open-outcry trading floor, even as frenzied trading declines

Over the last decade, the frenzied screaming and hand-waving on exchange trading floors has started to go the way of the horse and buggy.

The so-called open-outcry trading floors that symbolized the nation's stock market and investment activity gradually have been displaced by computers and electronic trading.

But if Box Options Exchange gets its way, Chicago could soon get its first new trading floor in years.

Box, a Boston-based exchange focused on electronic trading, is proposing a small options trading floor for about 40 humans at the Chicago Board of Trade Building in the South Loop. The Securities and Exchange Commission is reviewing the request and is expected...

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