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The Rise of Machines, the Fall of Organizations

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New Technology, Organizational Change and Governance

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Abstract

Computers have become invaluable tools in financial markets where they can process information at speeds no human mind could achieve. They supposedly boost market transparency and efficiency (Gorham, 2010). The power regulated stock exchanges where trading is increasingly screen-based,1 as well as the joint trading platforms2 and dark pools3 shared by financial institutions, while also providing access to online brokerage firms for small investors who trade from their homes. Financial products, be they stocks, bonds, currencies, commodities or exotic derivatives, are traded across porous organization borders in a polymorphous marketplace that mutates with economic cycles, changes in legislation, financial innovation, and technological improvements.

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Authors
  1. Régine Hollander
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Editors and Affiliations

  1. Université Sorbonne Nouvelle, France

    Emmanuelle Avril (Professor of Contemporary British Politics and Society) & Christine Zumello (Professor of Contemporary American Politics and Society) (Professor of Contemporary British Politics and Society) &  (Professor of Contemporary American Politics and Society)

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© 2013 Régine Hollander

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Hollander, R. (2013). The Rise of Machines, the Fall of Organizations. In: Avril, E., Zumello, C. (eds) New Technology, Organizational Change and Governance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137264237_11

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