Chicago Mercantile Exchange
The Chicago Mercantile Exchange was famed for it's open outcry pits, where commodities like corn, soybeans, pork and gold were bought and sold in a cacophony of shouts and hand signals. Now considered an outdated financial practice, open outcry has been replaced with electronic trading. Before the transition, visitors could observe the trading floor from a room overlooking the pits. Now, employees trade futures in a more traditional office setting, where desks are equipped with multiple screens, and the only sounds are the tapping of keyboards and the murmuring of voices. These photographs were made for a story in The New York Times about the changing face and technology of the CME.