From today's Chicago Tribune: The trading floors at the Chicago Mercantile Exchange close for good in the middle of May, marking the end of an era, and the end of a movie for filmmaker James Allen Smith.
In a feature-length documentary set for release later this year, Smith aims to chronicle the vanishing life and times of the open-outcry futures trader, highlighting the clash between technology and humanity, and the personal toll of progress.
If the film comes across as Smith intends, " Floored " will capture the incendiary thrill of trading hand to hand and profile the regular guys who became some of the business world's least-likely tycoons. These blustery masters of the free markets proved vulnerable when computers finally penetrated their sheltered club, and only a relative handful remain in the pits today.
Smith feels their pain.
Read the whole article HERE (stable link).
Link to the Tribune's site HERE (with some video clips from the documentary)
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