CME

Technique

Hand facing outwards with all fingers bent in half.

Origin

Bear claw.

Brokerage - Bear Stearns

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The ability to recognize all market participants was what made open outcry trading transparent and from this, signals were developed for the larger brokerages and for some large local traders. In cases where a more universal signal was never developed, their hand signal in the pit would simply be their three digit firm number

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