The AMEX is the only U.S. Stock market to allow the transmission of buy and sell orders through hand signals. Traders usually flash the signals quickly across a room to make a sale or a purchase. Signals that occur with palms facing out and hands away from the body are an indication the gesturer wishes to sell. When traders face their palms in and hold their hands up, they are gesturing to buy. Numbers one through five are gestured on one hand with the fingers pointing directly upwards.
To indicate six through ten, the hand is held sideways, parallel to the ground. Counting starts from six when the hand is held in this way. Numbers gestured from the forehead are blocks of ten, blocks of hundreds and thousands can be indicated by repeatedly touching the forehead with a closed fist.
The signals can otherwise be used to indicate months, specific trade option combinations, or additional market information. Some hand signaling also refers to a specific brokerage firm. For instance, the finger across the upper lip known as the Hitler Mustache signifies the Deutsche Bank.
