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Noise: Living and Trading in Electronic Finance

Alex Preda

Abstract

This book examines the institutional and cultural underpinnings of a financial puzzle: given that the overwhelming majority of retail traders lose money in financial transactions, why do we see ordinary people continuing to engage in trading? This phenomenon is analyzed by means of an ethnographic investigation of how electronic financial markets work. The book takes the perspective of the relationships among retail traders, institutional traders, and brokers. “Noise” investigates the social institutions that recruit ordinary people and support their participation into financial trading. Contr ... More

Keywords: finance, electronic markets, traders, social institutions, logic of trading, ethnography, social lives

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780226427348
Published to Chicago Scholarship Online: September 2017 DOI:10.7208/chicago/9780226427515.001.0001

Authors

Affiliations are at time of print publication.

Alex Preda, author
King's College London