Ambiguous numbers: Trading technologies and interpretation in financial markets

Caitlin Zaloom

    Research output: Contribution to journalReview article

    Abstract

    Financial markets and information technologies are key issues for contemporary social theory and the anthropology of globalization. Drawing on fieldwork in Chicago and London, I examine the interplay between processes of technological rationalization and the situated actions of traders in two financial futures markets - one that operates on open-outcry pit technology and the other process online. Both technologies represent the market in numbers. Traders use these symbols to read and interpret the market. Yet each technology configures numbers differently. The technologies influence traders' practices by shaping this basic unit of financial knowledge.

    Original languageEnglish (US)
    Pages (from-to)258-272
    Number of pages15
    JournalAmerican Ethnologist
    Volume30
    Issue number2
    DOIs
    StatePublished - May 2003

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    Keywords

    • England
    • Finance
    • Globalization
    • Knowledge
    • Numbers
    • Technology
    • United States

    ASJC Scopus subject areas

    • Anthropology

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