Programme Notes

Scale of dragon, tooth of wolf . . .

The allusion to the three witches in Macbeth aside, the title triple witching is actually taken from the world of the stock market. Triple witching occurs on the four Fridays during the year when the triple areas of stock options, stock index options and stock index futures simultaneously expire. Traditionally, on those days the stock market is especially volatile and there is massive trading as the traders try to maximize their profits before the final bell.

Of course, it all comes down to profit -- the more, the better -- which led me to consider the role of money in our everyday lives. Money has a tremendous allure -- it can indeed be quite bewitching. Most of us spend the larger part of our days in pursuit of its acquisition. Most of us also never seem to have enough of it, and when we get some, suddenly it's gone. And yet it is amazing today how so many financial transactions occur without ever handling any actual money: credit cards (which are generally money you don't have anyway); electronic transfers (no cheques or stamps required either); stock options (which are really only buying the possibility of buying) -- the list goes on and on. Money has become a virtual construct.

Triple Witching explores the power of money in our culture. It is scored for, appropriately enough, a trio of clarinet, cello and piano. The piece is based on three different musical ideas which are introduced in order: first, the allure of money is suggested by a haunting unison line; second, a flurry of activity expresses our continuous driving need for money, though what money we do acquire may be quick to disappear; and third, more reflective and introspective music laments the struggles that money, or the lack thereof, can bring. Each of these ideas is furthered developed and commented upon as their reappearances cycle through the course of the piece.