For some people, risking everything is nothing. Floored is a 2009 documentary film about the people and business of the Chicago trading floors.
This is a very important movie for prospective traders to watch as it gives a good history and the progression of some of the people in the trading world and how the computer world came in to disrupt the market.
Looking at all those traders on the floor and their narrow perspectives on how trading should be done but especially the rant of the one trader saying computers are evil and they’re cheating the way trading is done, now learning about front running and high frequency trading and the flash crash
The film focuses specifically on several Chicago floor traders who have been impacted by the electronic trading revolution and whose jobs have been threatened by the use of computers in the trading world.
The film has become particularly relevant in light of the U.S. financial crisis of 2009; Greg Burns of the Chicago Tribune has said of the film’s director, “By dealing with hard times in the workplace, Smith taps into a vein running through millions of lives in this brutal recession, as the nation’s unemployment rate soars toward 10 percent”
Critics have suggested a meta-fictional subtext to the documentary, linking the film’s storyline about Chicago traders to the plight of independent filmmakers in a time of the declining influence of film festivals and the ubiquitousness of free internet content.
Director: James Allen Smith
Writers: Andrew McAllister, James Allen Smith
Stars: Bobby Ansani, Jeff Ansani, Ron Beebe