Trading-floor talk is dominated by dealing and information exchanges.

Evidence

In the transcripts collected, dealing exchanges clearly dominate; field research suggests that dealing sequences involving information exchanges are common and that pure information exchanges dominate during opening and closing periods and when trading is slow. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 57

Categorization

  • DEFINE: Introduces the distinction between ‘dealing exchanges’ and ‘information exchanges’ as interaction types on trading floors.
  • XREF: connects to: Traders disclose order flow through deals to read the market as it forms — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 140; Taking positions makes traders materially part of the market — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 75; Traders manipulate spreads, delays, and prices within a status-governed relational market. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 117 (+2 more)

Broader Connections