Wednesday, September 22, 2010

My Word Is My Bond

My Word Is My Bond was published over a couple years ago and presents an oral history of 21 participants at the CBOT.  It's a unique piece of reading which covers much of the history and development of the exchange through the perspective of various participants.  I was disappointed that almost all of those interviewed had links to brokerages or the exchange bureaucracy rather than what I consider to be the apex of the trading industry which is the independent speculator (local) whose earnings are solely reliant upon their trading rather than customer fees.  The book was published w/the cooperation of the CBOT so nothing too outrageous is discussed.

A DVD was also created alongside the book and the opening scenes is linked below:

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