Modern speculation still depends on trader sociality and interdependence, not just risk models.

Evidence

Risk spreading has been the markets’ principal insurance mechanism. But modern-­day traders on the ground have also continued to rely on age-­old forms of sociality and interdependence to perform their routine speculations. — Aris Komporozos-Athanasiou, Speculative Communities, 424

Categorization

• XREF: connects to: Speculation performs a social function beyond individual risk-taking — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 169; Trader sociality persists inside electronic markets and was ethnographically documented; Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 427 (+2 more)

Broader Connections

• Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. #corroborates (0.98) — Aris Komporozos-Athanasiou, Speculative Communities, 427
• Trader sociality persists inside electronic markets and was ethnographically documented #corroborates (0.95)
• Even screen-bound algorithmic traders remain embedded in social ritual #corroborates (0.93)
• Speculation performs a social function beyond individual risk-taking #expands (0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 169
• Trust can arise even when transactions are not embedded in social relations. #contradicts (0.78) — Shapiro, Susan P., The Social Control of Impersonal Trust, 12