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Trading Places
Definition
Trading Places is one of the funniest comedies of the last 50 years to come out of American cinema. It gives a good education in the commodity futures market as well. It is a beloved film by many players in the financial markets, along with Wall Street.
Using the term Trading Places :
When not learning more about his investments at Investonym.com, Mr. Beeks is watching his amazing performance in Trading Places. (Quick Note: At the time of this writing, we are aware that Mr. Beeks is no longer with us. We hope he is enjoying some FCOJ (Frozen Concentrated Orange Juice) in the sky.
Pay Special Attention To :
When watching Trading Places, be ready to rewind in the final trading scene at the commodities exchange. It moves quickly and it is worth going through a couple of times to understand exactly what Louis and Billie Ray pull off.
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Related terms
Futures , Contango , Backwardation
