Screen content assembles a globally shared object traders can watch together
Evidence
We can now answer the question of what the same events may be that could plausibly be construed as globally observed in the same binding fashion in which events are observed in the face-to-face situation. The third object (i.e., the bird) that traders watch together around the clock is the market, as it is assembled in identical (price actions, market analyses, news descriptions, etc., furnished by global information providers), overlapping (information exchanged through personal relationships), and coordinated (in the many windows and channels of the screen with which participants interact) fashions. On each of these screens, the same market has a vigorous presence; traders worldwide who deal in the same financial instrument watch the same screen content, which is delivered to them by globally operating firms, such as Reuters, Bloomberg, and Telerate, and by the banks themselves. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 72
Categorization
- DEFINE: Introduces the idea of a ‘third object’ — the market on screen as a shared referent alongside face-to-face objects.
- XREF: connects to: Trading screens transform distant markets into interactionally present scenes. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 27; Global traders form communities of time by observing a shared screen object — 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 (+8 more)
Related
- Global traders form communities of time by observing a shared screen object (similarity 0.92)
- Trading screens transform distant markets into interactionally present scenes. (similarity 0.91)
- Global markets form communities of time bound by a common observed screen object. (similarity 0.89)
- A market’s trading screen functions as a shared witnessable situation across continents. (similarity 0.88)
- Screen-mediated markets relax the need to directly observe traders watching (similarity 0.88)
- Screen signals give absent traders a mediated presence that colleagues observe, read, and retransmit (similarity 0.88)
- Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. (similarity 0.87)
- Trading screens function as observatories permitting remote participation in market constitution (similarity 0.85)
- Screen-based trading recreated rather than abolished trader sociality and mutual anticipation. (similarity 0.85)
- Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups (similarity 0.83)
- Schutz tied temporal coordination to shared space, which global electronic trading severs. (similarity 0.81)
- Geographically dispersed markets achieve social integration through time, not space (similarity 0.81)
- Traders spend their time reading and relaying others’ market presence signals (similarity 0.79)
- Global market interaction produces intersubjectivity beyond face-to-face encounters (similarity 0.79)
- Global social fields can form from micro interactions without complex organization. (similarity 0.79)
Broader Connections
- Global markets form communities of time bound by a common observed screen object.
#expands(0.88) - Trading screens function as observatories permitting remote participation in market constitution
#expands(0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 85 - Screen-based trading recreated rather than abolished trader sociality and mutual anticipation.
#expands(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 427 - Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets.
#expands(0.80) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60 - Screen signals give absent traders a mediated presence that colleagues observe, read, and retransmit
#corroborates(0.78) - Global markets are assembled through microsocial patterns of relatedness and coordination
#expands(0.78) — Donald MacKenzie, An Engine, Not a Camera, 1086 - Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups
#qualifies(0.75) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 141 - Screen-based trading preserves mutual anticipation among algorithmic traders
#expands(0.72) — Aris Komporozos-Athanasiou, Speculative Communities, 427 - Using manufactured objects places the user in the presence of others
#expands(0.72)