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What are the valid uses for the ring?
by ianai 7y ago
What are the valid uses for the ring?
- bluejay2 7y agoGood question. I think of it as being equivalent to marking an email “high priority”. In my experience brokers would sometimes use it to call attention to a time-sensitive issue, eg confirming details for a trade settling today. Always thought it was annoying and if they had something really urgent they should just pick up the phone, but that’s just me.
- Jorge1o1 7y agoIf you give a quote as a trader you typically give the other participant some time to answer you. If the price moves against you since you last quoted, you typically say something like "off" and ring the bell so that the other guy knows that price is not good anymore. Fairly relevant when you're talking to a salesguy who is not looking at the chat, cause he's talking with his trader