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Automating Finance - Infrastructures, Engineers, and the Making of Electronic Markets (Hardcover)
Loot Price: R1,062
Discovery Miles 10 620
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Automating Finance - Infrastructures, Engineers, and the Making of Electronic Markets (Hardcover)
Expected to ship within 12 - 17 working days
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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.
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