TY - BOOK ID - 85484861 TI - Automating finance : infrastructures, engineers, and the making of electronic markets PY - 2019 SN - 1108677584 1108750095 1108750494 1108496423 PB - Cambridge : Cambridge University Press, DB - UniCat KW - Finance KW - Securities KW - Electronic trading of securities. KW - Capital market. KW - Capital markets KW - Market, Capital KW - Financial institutions KW - Loans KW - Money market KW - Crowding out (Economics) KW - Efficient market theory KW - Online investing KW - Online trading of securities KW - Screen trading (Securities) KW - Trading of securities, Electronic KW - Online stockbrokers KW - Funding KW - Funds KW - Economics KW - Currency question KW - Technological innovations. KW - Data processing. KW - Data processing UR - https://www.unicat.be/uniCat?func=search&query=sysid:85484861 AB - 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. ER -