MR: There were various trading rings, for example for industrial stocks, financial stocks or foreign stocks, as well as various other trading rings. A trader from Rahn+Bodmer Co. was present at each of these rings. They lived strong emotions, such as anger, annoyance or joy and satisfaction. The noise level, the tingling on the skin before trading started was something special. One entered the ring and already smelled, so to speak, where the trend was going to go. In addition to that, there was a spectator stand, so that gave the traders a certain additional status: they were like stars on a stage.
PT: The atmosphere at the ring was certainly special. All the emotions, the tension in the air, which in a certain sense also conveys information, you could only experience as a member of the exchange. But it was also a very demanding job. The information had to be grasped immediately, understood and acted upon at the right moment. The traders on the ring had to be awake and ready at all times.
MR: Of course, that was also true for female traders: Although open outcry trading was a male domain for decades, in the last years of trading at the ring, before the switch to electronic trading, you also saw some female traders negotiating buy or sell orders from their clients.