Global markets form communities of time bound by a common observed screen object.

Evidence

The reciprocal interlocking of time dimensions has brought into view a level of intersubjectivity that points beyond network perspectives as a key to the question of the inherent connectivity and integration of global markets as social forms. The elaborate temporal structuration and observation of a common object, the market, is also what most probably distinguishes global intersubjective fields from groups that hold electronic meetings for the purpose of either discussion or engaging in identity games and untried forms of interaction (e. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 141 (#expands, via linked claim)

Can we maintain that a level of intersubjectivity also obtains between individuals who are globally dispersed in space? What passes between territorially separated individuals who may never share the same space on the level of consciousness, interpretation, or reciprocal orientation? Markets—in particular, spot markets—are purportedly classic examples of anonymous, discrete exchanges ruled by supply-and-demand adjustments, rather than intersubjectivity. In general, markets have been contrasted with more genuine forms of social organization by their lack of planned coordination, reciprocity, and governance structure (Williamson 1975, 1985; Powell 1990). Can we nonetheless assume that a certain level of intersubjectivity is characteristic of some markets? In this section, we submit that participants’ reciprocal observation of markets on screens—combined with temporal mechanisms—may constitute a basis for both a form of intersubjectivity and the integration of some global spheres. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60 (#expands, via linked claim)

Bulletin boards, like the information exchanges illustrated before, enhance the transparency of the system within particular circuits. One can see them as part of the observatory system that the screen represents, that is, a system that allows participants to partake more directly in the stepby-step constitution of a dispersed market by giving them glimpses of the activities of concrete buyers and sellers from a distance. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 85 (#expands, via linked claim)

Categorization

• XREF: connects to: Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 141; Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 60; Trading screens function as observatories permitting remote participation in market constitution — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 85 (+11 more)

Related

• Screen signals give absent traders a mediated presence that colleagues observe, read, and retransmit (similarity 0.95)
• Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. (similarity 0.94)
• Global traders form communities of time by observing a shared screen object (similarity 0.92)
• Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups (similarity 0.90)
• Screen content assembles a globally shared object traders can watch together (similarity 0.89)
• Geographically dispersed markets achieve social integration through time, not space (similarity 0.89)
• Trading screens function as observatories permitting remote participation in market constitution (similarity 0.88)
• A market’s trading screen functions as a shared witnessable situation across continents. (similarity 0.88)
• Trading screens transform distant markets into interactionally present scenes. (similarity 0.87)
• Screen-mediated markets relax the need to directly observe traders watching (similarity 0.86)
• Global market interaction produces intersubjectivity beyond face-to-face encounters (similarity 0.85)
• Schutz tied temporal coordination to shared space, which global electronic trading severs. (similarity 0.85)
• Markets combine distinct forms of coordination beyond network embeddedness, including reflexive temporal coordination. (similarity 0.84)
• Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. (similarity 0.83)
• Geographically dispersed but mutually oriented actors form global microstructures that bind markets together. (similarity 0.82)

Broader Connections

• Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups #expands (0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 141
• Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. #expands (0.80) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60
• Trading screens function as observatories permitting remote participation in market constitution #expands (0.80) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 85
• Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. #expands (0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 427
• Global market interaction produces intersubjectivity beyond face-to-face encounters #corroborates (0.75) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 98