Caitlin Zaloom – Out of the Pits

In Out of the Pits, Caitlin Zalum shows how traders, brokers, and global financial markets have adapted to the digital age. Drawing on her personal experience as a clerk and trader, as well as her unusual access to key global finance sites, she explains how changes in the world’s leading financial exchanges have changed the economic culture and craft of speculation; how people and places are responding to the digital transition; how traders are remaking themselves to compete in today’s market; and how brokers, business managers and software developers work together to build new markets. An insightful and richly detailed account of how cities, Culture and technology shape everyday life in the global economy, Out of the Pits will be a must-read for anyone who has ever wondered how financial markets work.

trading rate