Description: 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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EAN: 9781108496421
UPC: 9781108496421
ISBN: 9781108496421
MPN: N/A
Book Title: Automating Finance: Infrastructures, Engineers, an
Number of Pages: 370 Pages
Publication Name: Automating Finance : Infrastructures, Engineers, and the Making of Electronic Markets
Language: English
Publisher: Cambridge University Press
Publication Year: 2019
Subject: Finance / General, E-Commerce / Online Trading, Investments & Securities / General
Item Height: 0.8 in
Item Weight: 25.8 Oz
Type: Textbook
Author: Juan Pablo Pardo-Guerra
Subject Area: Business & Economics
Item Length: 9.3 in
Item Width: 6.1 in
Format: Hardcover