LIFFE
Technique
Tongue poking side of cheek while other fist motions back and forth. Click on "How-to" button above for illustration.
Origin
Use of last two letters of firm's abbreviation for BJ or blowjob. Full name of firm is Industrial Bank of Japan.
Brokerage - IBJ
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3 of 4
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