Jump to ContentJump to Main Navigation
Taking the FloorModels, Morals, and Management in a Wall Street Trading Room$
Users without a subscription are not able to see the full content.

Daniel Beunza

Print publication date: 2019

Print ISBN-13: 9780691162812

Published to Princeton Scholarship Online: May 2020

DOI: 10.23943/princeton/9780691162812.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 29 June 2022

First Impressions

First Impressions

(p.20) 2 First Impressions
Taking the Floor

Daniel Beunza

Princeton University Press

This chapter situates the study within the original sociology of finance. It introduces the core ethnographic breakdown that motivated this project. While existing studies described trading floors as loud, stressful, and chaotic, the chapter describes one trading room at International Securities in 1999 as quiet and orderly. The reason for such disparity was the introduction of information technology during the 1990s, which had replaced loud oral communication as the key information exchange mechanism. This change in turn led Bob, the manager of the floor, to rethink the trading room as a space for interpreting and debating economic news and events.

Keywords:   finance sociology, ethnography, International Securities, trading floors, information technology, information exchange mechanism

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.