Pit Trading 101 is a documentary that explores the world of trading in the pits of the Chicago market. It delves into the history, risks, and speculation involved in this fast-paced business. The film provides an in-depth look at the trading of futures and commodities, highlighting the importance of risk management and investment strategies.
A fascinating look at the high-speed, high-power trading floor of Chicago Mercantile Exchange Inc. 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, pork bellies, Eurodollars and the Nasdaq-100 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.
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