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Why would you buy an electric car on Jetski Friday? Or, a critique of financial markets from an options trading room
2021
Finance and Society
This article presents a close, dialogue-based ethnographic account of a group of contemporary options market makers making a decision about pricing options in Tesla, Inc. Careful attention to their deliberations reveals how the rise of algorithms and automation on financial markets have rendered traders alienated and estranged from the markets they work on for their livelihood. This alienation arises, in part, due to novel cascade effects between futures and underlying equities, which
doi:10.2218/finsoc.v7i2.6628
fatcat:baoqd3wzrjbe5ow4366tkqxipu