CBoT goes back to pit for metals

Chicago Board of Trade (CBoT) said last week it would offer floor traded options trading on full-sized gold and silver futures in the fourth quarter of this year.

In a reversal of sorts, exchange officials said that the two options on futures contracts may be better traded in open outcry. The exchange attributed this to the limited options trading functionality from various independent software vendors and a comfort level from precious metals traders who were used...