Remember that one time last year when we talked about how the pits might be dying? Well, it looks like we’re only a couple of nails away from burying this coffin. Bloomberg reports:

Intercontinental Exchange Inc. (ICE)’s New York futures exchange plans to cease all floor trading in its options contracts at the close of business on Oct. 19 as it switches to electronic buying and selling exclusively.

“The exchange will continue to support access to the electronic platform for exchange-member brokers and proprietary traders from the floor facility,” the Atlanta-based company said today in an e-mailed statement.

ICE Futures U.S. went to electronic-only trading for its futures contracts in March 2008.

With the pits at the CME becoming more deserted by the day, overall trading volumes depressed and analysts projecting a severe drop in revenue over the next year, their trading floor may not have long, either. It’s long been speculated that if electronic options trading became efficient enough, we’d see the end of the pits, and this move by ICE doesn’t bode well for their continued existence. Better come visit the Attain crew to get a tour while you still can…