Automating finance : infrastructures, engineers, and the making of electronic markets / Juan Pablo Pardo-Guerra, University of California, San Diego.

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, identify...

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Bibliographic Details
Main Author: Pardo-Guerra, Juan Pablo (Author)
Language:English
Published: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019.
Subjects:
Physical Description:xvi, 357 pages : illustrations (black and white) ; 24 cm
Format: Book

MARC

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245 1 0 |a Automating finance :  |b infrastructures, engineers, and the making of electronic markets /  |c Juan Pablo Pardo-Guerra, University of California, San Diego. 
263 |a 1905 
264 1 |a Cambridge, United Kingdom ;  |a New York, NY :  |b Cambridge University Press,  |c 2019. 
300 |a xvi, 357 pages :  |b illustrations (black and white) ;  |c 24 cm 
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504 |a Includes bibliographical references and index. 
505 0 |a 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. 
520 8 |a 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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650 0 |a Electronic trading of securities.  |0 http://id.loc.gov/authorities/subjects/sh96010672 
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650 7 |a Securities  |x Data processing.  |2 fast  |0 (OCoLC)fst01110754 
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