Contenir le marché : la transition de la criée à la cotation électronique à la Bourse de Paris |
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Authors: | Fabian Muniesa |
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Affiliation: | Centre de sociologie de l'innovation, École des mines de Paris, 60, boulevard Saint-Michel, 75272 Paris cedex 06, France |
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Abstract: | Open outcry was fully replaced at the Paris Bourse by an automated trade execution system (CAC) in the late 1980s. In this article, we focus on the circumstances that made this transition possible. We analyze the diverse compromises (both social and technical) that the officials and engineers in charge of the innovation process constructed in order to stabilize the new market device. They had to carefully inscribe into the new system the interests of the actors at stake: bankers and stockbrokers. This case study contributes to economic sociology by drawing a relation between a technical device and the interests set around the “modernization” of a market. |
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Keywords: | Crié e Automatisation Ordinateurs TIC (technologies de l'information et de la communication) Marché s financiers Enchè res Courtiers Sociologie é conomique Sociologie des sciences et des techniques |
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