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Out of the pits : traders and technology from Chicago to London by Caitlin Zaloom is a business book available to read on EtoBox.

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From New York to Singapore, from Chicago to London, the trading floors of the world’s financial markets are icons of global capitalism. Images of them are used on the news all the time—traders burying their heads in their hands when the market is down, their arms flailing in a frenzy when fortunes are rising—to convey the current state of the economy. But these marketplaces, and the cultural life that sustains them, are dissolving into the ether of the digital age: powerful financial institutions are shutting down the trading pits, replacing face-to-face exchanges with an electronic network where traders sit, face to screen, finger to mouse, and compete in a global arena made up of digits and charts. __Out of the Pits__ considers the implications of this sea change for everyone involved, from the traders and brokers to the market as a whole. Caitlin Zaloom takes us down to the floor at the Chicago Board of Trade and into a digital dealing room in the City of London. Drawing on her own firsthand experiences as a clerk and a trader and on her unusual access to these key sites of global finance, she explainshow changes at the world’s leading financial exchanges have transformed econo

Who reads Out of the pits : traders and technology from Chicago to London?

Author

Caitlin Zaloom

Publisher

University Of Chicago Press; University of Chicago Press

Published

2006

Language

EN

ISBN

9780226978130

Category

business

Subjects

Finance, Economics, Business

Rating

3.4 / 5 (9 ratings)

Updated

2026-03-14