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Open Outcry
Date: 05/19/2008 On this week’s podcast, Jad presents a piece by one of his favorite producers: Ben Rubin. The trading floor of the New York Mercantile Exchange may look and sound chaotic to the uninitiated, with circles of hundreds of traders shouting unintelligible phonic abbreviations and numbers back and forth. But it’s a complex and sophisticated human system in flux and since 1872, the mosh pit full of traders has driven the prices of energy, metals, livestock and other commodities through this open outcry trading. The trading floor of the NYMEX was destroyed in the attacks of September 11, 2001 when the building that houses it, the World Financial Center, was seriously damaged. Want to learn more about this piece? Ben did an interesting interview for the Third Coast International Audio Festival and you can learn more about this piece and his approach here.
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