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ECHO FX Book + Audiovisual Download DMSTFCTN (f.k.a. Demystification Committee) is an artistic duo based in London and Berlin. The duo has performed at venues such as Berghain (Berlin), Corsica Studios (London) and Cafe OTO (London) and festivals such as CTM, transmediale, Borderline Festival and Radical Networks, as well as at the 4th Istanbul Design Biennial and 1st Porto Design Biennial; as group shows they have exhibited at Fotomuseum (Winterthur), Design Museum (London) and CCCB (Barcelona). DMSTFCTN’s first solo exhibition was held in 2020 at Aksioma (Ljubljana).<\/p>\n Edited by DMSTFCTN and Krisis Publishing ECHO FX
\n<\/strong><\/em>DMSTFCTN<\/em><\/p>\n
\n<\/strong>16,5x23cm \/\/ Coated paper \/\/ Soft cover \/\/ Full performance download \/\/ 208 pages \/\/ English<\/i>
\n<\/strong>ECHO FX is a book collecting and expanding on the homonymous work by DMSTFCTN \u2013 a 20 minute audiovisual performance replaying the events unfolding on the night of the 2016 Brexit referendum. ECHO FX focuses on an unlikely concession made on the night by former trader and face of the Leave EU campaign Nigel Farage: \u201cRemain will edge it\u2026\u201d
\nThe out-of-character concession echoed on social media shaping the sentiment of Foreign Exchange markets, which had priced in on a possible Remain win, pushing the Pound to a six month high before any official result announcement. Later that night, as the referendum outcome became apparent, those markets collapsed in disbelief, yet a handful of hedge funds which had purchased private polling data were able to foresee the outcome and short the crashing Pound.
\nMixing footage of the hedge funds headquartered in London with images and sounds generated in response to historical market data, ECHO FX tells a story whose details remain unclear to this day, including the legitimacy of polling companies\u2019 sale of private polls, and whether Farage had any personal dealings in this venture.
\nThe book includes a digital download of the performance and expands on the night\u2019s events through both written and visual contributions by DMSTFCTN, CMP OFFICE, Obsolete Capitalism, Valentina Tanni, Cam Simpson + Gavin Finch + Kit Chellel (Bloomberg Businessweek), including a manga rendition of the original performance, created by Krisis.<\/p>\n
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\nContributions by CMP OFFICE, DMSTFCTN, Krisis, Obsolete Capitalism, Cam Simpson + Gavin Finch + Kit Chellel (Bloomberg Businessweek), Valentina Tanni
\n<\/em>Texts translation and editing by DMSTFCTN<\/em>
\nDesign and layout by Francesco D\u2019Abbraccio and Andrea Facchetti
\n9788894402971 \/\/ 2021<\/em><\/p>","protected":false},"excerpt":{"rendered":"ECHOFX
\nNovember 2021<\/h6>\n
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