Wire Room

Business / Taxes / Wire Room: When brokerage firm orders to buy and sell were handled manually, the back office of the firm was called the wire room. People who worked there received the buy or sell orders that came in from brokers and transmitted them to the firm's trading department or floor traders for execution. The wire room also received notifications when the transactions were completed and sent those notifications back to the brokers who took the orders. However, as electronic systems increasingly handle these communications, wire rooms have essentially disappeared.

Other Words for Room

Room Adjective Synonyms: space, area, scope, extent, allowance, latitude, elbow-room, range, leeway, margin
Room Noun Synonyms: live, lodge, dwell, abide, reside, stay


Life Style / Travel / Stateroom: Passenger cabin - also referred to as an accommodation. MORE

Shiitake Mushroom (Lentinus edodes)

Health / Herbs / Shiitake Mushroom (Lentinus edodes): Helps Immune system. MORE

Static Wire

Technology / Aviation / Static Wire: A clip-on wire used to ground an aircraft by drawing off static electricity, a potential fire hazard, during refueling. MORE