| Description |
1 online resource : illustrations (black and white) |
| Contents |
Markets in milliseconds -- Infrastructures of kinship -- The power of invisibility -- The hubris of platforms -- The wizards of King Street -- Making moral markets -- Rabbits guarding the lettuce -- Infrastructures, kinship, and queues |
| Summary |
Trading floors are a thing of the past. Thanks to a combination of computers, high-speed networks and algorithms, millions of financial transactions now happen in fractions of a second. This book studies the automation of stock markets in the United Kingdom and the United States of America, identifying the invisible actors, devices, and politics that were central to the creation of electronic trading. In addition to offering a detailed account of how stock exchanges wrestled with technology, the book also invites readers to rethink the nature of markets in modern societies. Markets, it argues, are sites for the creation of relations, and in studying how these relations changed through technology, the book highlights the sources, dynamics, and consequences of automation. In this respect, the book is both a history of automation in finance and a sociological analysis of the way in which automation gradually changed the lives and work of key financial actors |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Finance -- Technological innovations
|
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Securities -- Data processing.
|
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Electronic trading of securities.
|
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Capital market.
|
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Capital market
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Electronic trading of securities
|
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Finance -- Technological innovations
|
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Securities -- Data processing
|
| Form |
Electronic book
|
| ISBN |
9781108677585 |
|
1108677584 |
|
