Skip to main content Accessibility help
  • Cited by 43
Cambridge University Press
Online publication date:
May 2019
Print publication year:
Online ISBN:
Economics, Organisational Sociology, Finance and Accountancy, Sociology

Book 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.


‘Automating Finance is relevant for researchers and students of economic sociology, but its contributions travel beyond this with tremendous implications for other fields, including management,organisational sociology, public administration and public policy. Finance professionals would also enjoy the book, as they could learn how technical entrepreneurs manoeuvred through institutional,structural and organisational dynamics in automating finance.’

M. Kerem Coban Source: LSE Review of Books

‘… the book is wide-ranging in both its theoretical inspirations and the empirical details it develops. What the book conveys extremely well is precisely how modern markets are produced by multiple moral, political, and organizational struggles.’

Nahoko Kameo Source: American Journal of Sociology

Refine List

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.



Altmetric attention score

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Book summary page views

Total views: 0 *
Loading metrics...

* Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.

Usage data cannot currently be displayed.