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Open Outcry (2001)

A fascinating look at the high-speed, high-power trading floor of the Chicago Mercantile Exchange. Director Jon Else explores this hectic, noisy, seemingly chaotic workplace with his ... See full summary »

Director:

Jon Else

Writer:

Jon Else
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A fascinating look at the high-speed, high-power trading floor of the Chicago Mercantile Exchange. Director Jon Else explores this hectic, noisy, seemingly chaotic workplace with his signature style -- eschewing narration in favor of long, real-time shots that bring the viewer right into the heart-stopping action of the trading floor. He reveals the traders' sudden wealth, sudden disaster, and grace under pressure as they exchange billions of dollars in futures and options contracts - for cattle, Eurodollars and the S&P 500 futures. Also revealed is the endangerment of the open outcry trading system as the digital revolution replaces it at many of the world's financial exchanges. The film exposes nervous young clerks as they learn the open outcry system, its seemingly senseless language and hand signals. Traders ruminate on social values, market volatility and greed. One trader reminds us that commodities trading is not a pursuit for cold-hearted capitalists but, as we see in the film... Written by Johnny McKerr

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Genres:

Documentary

Certificate:

Not Rated

User Reviews

 
realistic
11 April 2007 | by jrcarter-6See all my reviews

This is a realistic view of what it was like to trade on the floor. It is a gut wrenching experience at times. The adrenaline rush that you get while trading is like no other. Even athletes don't experience the same rush, because that's about wining and losing. This is about being right and making CASH. For every winner, there is a loser.

The action in the pit is depicted pretty well. A cacophony of noise. It is the sound of money being made, and lost. The best part of trading was being busy, the worst, waiting to be busy. That is where the real inside pit action took place. Cutting remarks, tricks, hijinks and other stuff. Never a dull moment. You could not be a trader and have an ego.


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Details

Official Sites:

PBS [United States]

Country:

USA

Language:

English

Release Date:

1 June 2001 (USA) See more »

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Color:

Color
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