Although this goes beyond 'trading pit history' I'll go ahead and post it because there is a lot of parallels to how the old currency markets used to function and pit trading.
On a single day in 1985, the BBC filmed a documentary of three currency traders, two of whom were bank prop traders in London and Hong Kong while the other was a hedge fund manager in New York. The documentary makes for a very entertaining 30 minutes to see how much has changed in the past 28 years of trading.
On a single day in 1985, the BBC filmed a documentary of three currency traders, two of whom were bank prop traders in London and Hong Kong while the other was a hedge fund manager in New York. The documentary makes for a very entertaining 30 minutes to see how much has changed in the past 28 years of trading.