Review of The Pit

The Pit (2009)
The Pit
26 February 2010
Director Johanna Lee was in between projects and took her friend up on an offer to be an assistant on the trading floor of the commodities market. As she experienced the craziness first hand, she decided to make a documentary. Never before had a film maker been allowed full access to film the goings on - but Johanna had become one of them and so they allowed her full access for filming. The Pit gives a brief explanation of the process and impact of commodity worldwide, then takes us to the floor to experience the traders "in action". It is absolutely amazing and fascinating to see how transactions are made "on the floor". And whatever goes on in the pit - impacts the prices of commodities all over the world. The Pit ultimately focuses on a few traders at various stages of their trading careers. We learn about their personal lives, as well as their careers as Traders. It is really interesting getting to know these people - hearing their stories - experiencing their ups and downs. The story continues by following the traders over the course of four years. Towards the end of the four years, commodity trading goes electronic.....The careers and life styles of the people we have gotten to know through the film changes dramatically. The days of sellers and buyers screaming at each other across the floor come to an abrupt end. This makes the film that more precious as it is now a time capsule of a ritual that is gone. For years floor trading set the prices for commodities all around the world. Now it's all computerized...It's a fascinating story, outstanding film - very well written and edited. Highly recommended!
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